The Supreme Court of Uganda has delivered yet another ruling in favour of Sudhir Ruparelia regarding his Bank, Crane Bank which was taken over by Bank of Uganda, placed under receivership and its assets sold to DFCU Bank. After selling the assets to DFCU, Bank of Uganda filed a suit under Crane Bank in Receivership […]
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 […]
Uganda Clays and Stanbi Bank dominated trading activity at the Uganda Securities Exchange (USE) in the quarter ended June, according to USE chief executive officer Paul Bwiso. During the period, Mr Bwiso said, Uganda Clays had traded 85.4 million shares, accounting for 56.79 per cent of traded volumes while Stanbic accounted for 25.3 per cent […]
Kampala — 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 market auction. The bank […]
The Insurance Regulatory Authority (IRA) of Uganda, has published industry performance for the period April-June 2021 with bancassurance recording a 54% growth dominated by Stanbic Bank which consolidated its market share to 21.2% from 19.1 between January and March. This was followed by Absa Bank with 17.7%, Centenary Bank 7.7%, dfcu Bank 6.2%, Orient Bank […]
The Uganda Securities Exchange has seen a rebound in trading activity after months of a slowdown due to Covid-19, which continues to ravage equity markets across the globe. Uganda Clays and Stanbi Bank dominated trading activity at the Uganda Securities Exchange (USE) in the quarter ended June, according to USE chief executive officer Paul Bwiso. […]
Uganda Clays and Stanbi Bank dominated trading activity at the Uganda Securities Exchange (USE) in the quarter ended June, according to USE chief executive officer Paul Bwiso. During the period, Mr Bwiso said, Uganda Clays had traded 85.4 million shares, accounting for 56.79 per cent of traded volumes while Stanbic accounted for 25.3 per cent […]
The Uganda Securities Exchange has seen a rebound in trading activity after months of a slowdown due to Covid-19, which continues to ravage equity markets across the globe. Uganda Clays and Stanbi Bank dominated trading activity at the Uganda Securities Exchange (USE) in the quarter ended June, according to USE chief executive officer Paul Bwiso. […]
The Insurance Regulatory Authority (IRA) of Uganda, has published industry performance for the period April-June 2021 with bancassurance recording a 54% growth dominated by Stanbic Bank which consolidated its market share to 21.2% from 19.1 between January and March. This was followed by Absa Bank with 17.7%, Centenary Bank 7.7%, dfcu Bank 6.2%, Orient Bank […]
IRU licenses Stanbic Bank Uganda (Courtesy photo) The Insurance Regulatory Authority of Uganda (IRA) has published industry performance for the period April-June 2021 (Q2) with Bancassurance recording a 54% growth dominated by Stanbic Bank Uganda. According to IRA, the insurance industry registered impressive growth in the first six months of 2021 on account of improved […]
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