Tag Archives: Bank of Africa

OPINION | Samir Yassine | The Shs 72.1 trillion budget for FY2025/26 sends a powerful signal that Uganda is open for business, and this time, the private sector is not just participating but leading the transformation. The allocation of Shs3.5 trillion to private sector development and trade facilitation marks a pivotal …

Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has issued an order declaring that Bank of Africa was in breach of contract when it froze the account of Victoria Candles Limited after receiving 1.7 billion Shillings. The Court on Tuesday presided over by Civil Division Judge Musa …

Kampala, Uganda | THE INDEPENDENT | Investigations into the hacking of two telecom giants and two banks have established that 1,500 sim cards on which money was transferred were registered in the names of a local company. A senior police detective at Criminal Investigations Directorate –CID in Kibuli, has told Uganda …

Bank of Africa Uganda Limited has launched a small and medium enterprises (SMEs) scheme to help small business access finance. The scheme  provides for a variety of products like unsecured bid guarantee of up to sh200 million, unsecured invoice discounting facility of up to sh200 million and asset finance loan …