Tag Archives: UBA

Kampala, Uganda |  THE INDEPENDENT |  Banking institutions in May restructured loans worth Shillings 2.5trillion as more businesses and individuals applied to have their loan repayments halted due to disruptions by corona virus-COVID-19. This is more than the Shillings 2 trillion that were restructured in April 2020. Wilbrod Owor, the Executive …

Kampala, Uganda | THE INDEPENDENT | Nigerian-based United Bank for Africa Plc. has appointed Oliver Alawuba as deputy Managing Director in charge of Africa businesses. The lender operates in 20 African countries including Uganda. Also appointed is Ayoku Liadi as deputy managing director in charge of UBA Nigeria. The lender …

Kampala, Uganda | Julius Businge | Top world leaders in government and private sector want tangible solutions to heal world economies that have been hit by coronavirus pandemic (COVID-19). They were speaking during celebrations for Africa Day 2020 facilitated by United Bank for Africa (UBA). The event was screened live across …

  Kampala, Uganda | INDEPENDENT REPORTER | Pan-African lender, United Bank for Africa – Uganda has made a donation of Shs570million to the Uganda government as support towards the fight against the coronavirus (COVID-19) global pandemic. The donation was made to President, Yoweri Museveni, by the UBA Uganda Managing Director …

Kampala, Uganda | Isaac Khisa | Uganda government is set to receive US$150,000 from the pan-African lender, United Bank for Africa, as part of its efforts to stem the effects of the devastating coronavirus. The support is part of the US$14 million kitty that UBA has announced through its UBA Foundation to …

Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers’ Association-UBA, has signed a collaboration agreement with technology companies which will among other things see them share information on how to tackle and respond to internet fraud. Under their umbrella, Finance and Technology Service Providers Association (FITSPA), the companies usually referred to …

Kampala, Uganda | THE INDEPENDENT | United Bank for Africa- Group’s Martin Che, while in Uganda, paid a visit to the Prime Minister’s office to discuss the possibility of a new partnership between the bank and the Government of Uganda. During the meeting, Che addressed UBA’s intentions and desire to manage the …

Kampala, Uganda  | THE INDEPENDENT | The U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. The partnership will ensure that businesses are equipped …

  Kampala, Uganda | THE INDEPENDENT | Online attacks by hackers saw a whopping USD 52 million (192 billion Shillings) stolen from different organizations in Uganda, including banks in 2018, the latest survey shows. This was a growth from the USD 44 million (162 billion Shillings) stolen in 2017 and USD …

Kampala, Uganda | THE INDEPENDENT  | Ugandans are better off investing their money in cows than plunging into the unknown world of cryptocurrencies, Stanbic bank chief executive Patrick Mweheire has said. A cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of …