The newly-elected chairperson of Uganda Bankers' Association (UBA), Mr Julius Kakeeto, says e-Fraud is one of the major challenges in the banking sector that he believes is on a roll.
According to the recently released Bank of Uganda monetary policy statement, Uganda’s economic growth is projected to perform at ranges of 5.5%-6.5% in the short-to-medium term premised on the projected activity in agriculture, the extractives sector, and infrastructure development. This growth prospect also points to an increasing demand for vehicles and equipment by Ugandan individuals
In a re-affirmation of its commitment to enabling financial independence and sustainable home ownership, Housing Finance Bank Housing Finance Bank has launched the ‘Fuuka Don’ salary loan campaign. The initiative aims to alleviate financial pressures and empower customers to achieve their financial goals and aspirations for 2024. The campaign was officially unveiled today by the
Kampala, Uganda - Business enterprises, constituting over 90% of Uganda's private sector and contributing at least 20% to the GDP while employing millions of Ugandans, are pivotal drivers of the country's socioeconomic development. Nevertheless, these indispensable entities often grapple with multifaceted challenges that necessitate the intervention and support of financial institutions. In full recognition of