Finance
Finance
Makerere University Don reveals why over 65 per cent of Uganda’s informal sector operates in a shadow economy
The Informal sector employs majority of Ugandans, and according to the most recent report- 'Assessment of the drivers of the...
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Lawyer: Panicky Bank of Uganda is liquidating Crane Bank illegally
City lawyer Isaac Ssemakadde of Center for Legal Brains Trust has said Bank of Uganda and its legal advisors are...
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BoU impunity: How Central Bank plotted to place Crane Bank in liquidation against court ruling
Bank of Uganda on Friday November 13, 2020 announced that it had placed Crane Bank Limited (CBL) in receivership under...
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Financial expert explains why most Ugandans fail to save money
The subsistence mindset in both educated and uneducated Ugandans of seeing money as a tool to meet their needs instead...
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Banking and Financial Service awareness campaign launched to increase financial literacy in Uganda
Majority of Ugandans have little or no knowledge on how to manage their finances, according to the FinScope survey recently...
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Ham Vs DTB: Here are the hidden facts you didn’t know about the Shs120 billion fraud case
Top Kampala businessman Hamis Kiggundu has sought a quick intervention of the Chief Justice Alfonse Chigamoy Owiny-Dollo, following a letter...
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African Development Bank appoints Dr Alex Mubiru as Director of Strategy and Delivery
The African Development Bank has appointed Dr Alex Mubiru as its Director ((Strategy and Delivery) in the Office of the...
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Ham vs DTB ruling: Bank of Uganda bows to Bankers lobby group, confesses it has no powers over foreign lenders
You are on your own when it comes to borrowing money from banks that extend loan facilities from their mother...
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Why Government should not rush to collect taxes from businesses as Covid-19 continues to bite hard
At the beginning of 2020, businesses and economies globally were hit by Covid-19 pandemic which made most companies shut down...
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Here is what you need to start a money lending business in Uganda
You need to spend about 500,000–700,000 in registration and handling the legalities. Start off with the typical ‘Secured Loan’ product...
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