Equity Bank Uganda Hosts Diaspora Webinar on Turning Remittances into Investment Capital Kampala, Uganda | NEWS CORRESPONDENT | Professor Augustus Nuwagaba, Deputy Governor of the Bank of Uganda, called on Ugandans abroad to take greater ownership of the country’s economic story by converting remittances into strategic investments. Quoting the …
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Equity Bank hosts diaspora Investment webinar Kampala, Uganda | NEWS CORRESPONDENT | As Uganda’s diaspora continues to send record remittances back home, Equity Bank Uganda is strengthening its efforts to help turn these financial inflows into long-term investments that create businesses, jobs and sustainable wealth. On Saturday, 1 August …
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A new Bank of Uganda policy seeks to push businesses and individuals towards electronic payments, but the transition will test the country’s digital infrastructure and financial readiness Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda’s move to cap over-the-counter withdrawals marks a major shift in how businesses …
Read More »Summit comes ahead of 2027 Mandatory Banking Framework Kampala, Uganda | NEWS CORRESPONDENT | The East Africa Environmental, Social, and Governance (ESG) Summit, hosted by Capital One Group (COG) concluded on Friday with over 70 participants equipped with practical and localized toolkits to begin tracking data, restructuring internal governance …
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African central banks are increasingly linking domestic gold refining to reserve management as countries move to retain more value from minerals. The shift reflects a broader effort to diversify away from foreign currency assets while strengthening local supply chains. SPECIAL REPORT | BIRD AGENCY | Uganda’s foreign exchange …
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Kampala, Uganda | THE INDEPENDENT | Bank of Uganda (BOU) Governor Michael Atingi-Ego has warned of an “economic disaster” if the Protection of Sovereignty Bill, 2026 is passed. He today told the Joint Committee on Defence and Internal Affairs and Legal and Parliamentary Affairs that the Protection of Sovereignty Bill, 2026 could risk …
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Bank of Uganda Recognizes Pearl Bank’s Outstanding Performance in the ACF and SBF Schemes Kampala, Uganda | NEWS CORRESPONDENT | The Bank of Uganda has recognized Pearl Bank for its outstanding partnership and responsiveness in the Agricultural Credit Facility and Small Business Fund Schemes, which have accelerated the growth of Uganda’s …
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Finance ministry figures released on April 9 show fourth-quarter disbursements of Shs17.444tn, lifting total releases to Shs77.001tn—106.4% of the approved budget and 95.1% of the revised plan Kampala, Uganda | JULIUS BUSINGE | The government has released more funds than initially approved for the current financial year ending …
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Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has signed a contract with Euro Gold Refinery to supply gold under its Domestic Gold Purchase Programme, marking a shift toward local value addition as the central bank moves to strengthen its reserve base. The agreement follows the central bank’s decision to directly purchase gold …
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Namanve, Uganda | THE INDEPENDENT | Equity Bank Uganda recently successfully completed the migration of its core data centre operations to the Raxio Data Centre in Namanve Industrial Park, marking a significant milestone in the bank’s digital transformation journey. The migration represents a full relocation of the bank’s core digital infrastructure, …
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The Independent Uganda: You get the Truth we Pay the Price
