Sudhir Ruparelia at the supreme court The Supreme Court has reserved its ruling on notice in a case where businessman Sudhir Ruparelia seeks to recover costs from Bank of Uganda. The ruling which will also be the climax of a 5 year dispute between Sudhir Ruparella, his company Meera investment Ltd , his former Bank […]
Crested Capital stock dealers trading at the Uganda Securities Exchange in Kampala. PHOTO | MORGAN MBABAZI Following the end of the offshore investor season, average trading turnover at the USE dropped to less than Ush20 million ($5,493) per day at the beginning of October while trading volumes fell to less than 200,000 shares per day. […]
The Capital Markets Authority (CMA) has said a drop in share prices of locally listed companies saw the size of Uganda Securities Exchange (USE) decline by 1.3 per cent for the period ended September. In details contained in its Quarterly Bulletin, CMA noted that domestic market capitalisation declined from Shs4.33 trillion for the period ended […]
The Capital Markets Authority (CMA) has said a drop in share prices of locally listed companies saw the size of Uganda Securities Exchange (USE) decline by 1.3 per cent for the period ended September. In details contained in its Quarterly Bulletin, CMA noted that domestic market capitalisation declined from Shs4.33 trillion for the period ended […]
Crested Capital stock dealers trading at the Uganda Securities Exchange in Kampala. PHOTO | MORGAN MBABAZI Following the end of the offshore investor season, average trading turnover at the USE dropped to less than Ush20 million ($5,493) per day at the beginning of October while trading volumes fell to less than 200,000 shares per day. […]
Elegu township is struggling with no banking services. URN photo Amuru, Uganda | THE INDEPENDENT | The absence of banking services continues to frustrate the growth of businesses in Elegu township, the main point of entry to South Sudan through Amuru district. The town council has a population of 17,000 people with more than 500 […]
Kampala, Uganda | THE INDEPENDENT | United Bank for Africa Uganda (UBA) has been appointed a primary dealer bank by Bank of Uganda with effect from October 1, 2021. As such, UBA will now lend government money on behalf of the public and in exchange, provide Treasury Bills and Bonds as collateral, in the primary […]
Uganda’s legal tender. Each of the 501,107 households from 16 vulnerable groups in Kampala metropolitan area, cities and municipalities are slated to each receive Shs100,000. PHOTO/COURTESY Insurance written premiums under Bancassurance increased fourfold for the period ended June 2021, according to data from Insurance Regulatory Authority (IRA). The growth, according to experts, signals the increased […]
All stakeholders involved in helping Small and Medium Enterprises (SMEs) must help them stay afloat to boost economic recovery. Currently, several SMEs in Uganda have either collapsed or urgently need financial bail-out to remain in business due to the devastating effects of the Covid-19 pandemic. The Uganda Bureau of Statistics 2019 to 2020 economic projection […]
Josephine N. Mukumbya Kampala | RedPepper Digital – Josephine N. Mukumbya (pictured) has been appointed as the executive director of Agribusiness Development Centre (ADC), an entity which was founded by Rabobank Foundation and dfcu Limited to specialise in capacity development of farmer-based organizations through training, business mentorship and coaching, offering them the prospect of a […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.