Housing Finance Bank partners with Oracle and JMR to accelerate Core Banking led digital transformation and deliver stellar Customer Experience SPECIAL FEATURE | BUSINESS | Housing Finance Bank, a full-service commercial bank in Uganda will deploy Oracle Banking suite, leveraging next-generation banking technology to enhance digital core capabilities and deliver convenient …
Read More »HOUSING FINANCE BANK: You can now buy Treasury Bills and Bonds from anywhere, at any time
For as low as Shs100,000, you can start investing in your future with Housing Finance Bank through the portal SPECIAL FEATURE | BUSINESS | Housing Finance Bank has launched its Securities Portal. The online portal, which is housed on the Bank’s website, allows customers to buy Treasury Bills and Bonds from anywhere, …
Read More »Experts tell broke African countries to swallow pride, go for debt relief
Nairobi, Kenya | THE INDEPENDENT | The International Monetary Fund, the World Bank and national lenders like the US, China and Japan are yet to agree on the modalities of debt relief for poor countries, as eligible ones remain reluctant to apply. A few countries have been processing their requests …
Read More »ROBBERY: Woman sedates Lweza security guards
Kampala, Uganda | THE INDEPENDENT | Police have established that thugs easily raided a chicken farm in Lweza, Makindye Ssabagabo Municipality, after a female stranger served the two guards on sedated food that made them lose consciousness. Justus Nuweatuha and one Oparu who are from to Gallant Security Company were …
Read More »Mubende traders stranded, appeal over rotting merchandise
Mubende, Uganda | THE INDEPENDENT | Roadside traders on the Mubende highway are stranded with food stuff following the government instituted lockdown to curb the spread of the Ebola virus disease. In a Saturday evening televised address, President Yoweri Kaguta Museveni issued directives restricting movements in and out of the …
Read More »Bobi Wine brings back our Dubai ‘girls’
Tears as many speak of the dark side of the UAE Entebbe, Uganda | THE INDEPENDENT | It was a sad scene at Entebbe International Airport as a group of 12 young Ugandan men and women, some unable to sit or walk, and in tears, returned home and spoke of …
Read More »Kasese farmers count losses as Banana Bunchy Top Virus ravages plantations
Kasese, Uganda | THE INDEPENDENT | Farmers in Kasese District are counting losses following the outbreak of the Banana Bunchy Top Virus (BBTV) disease. The disease was detected in 2020 and in July, the Ministry of Agriculture raised a red flag when the disease caused havoc on banana plantations in …
Read More »Tanzania to distribute 3 millions coffee seedlings to boost production
Dar es Salaam | XINHUA | State-run Tanzania Coffee Board (TCB) said Sunday that it would distribute 3 million Robusta coffee seedlings to farmers free of charge to boost production of the cash crop. Priscus Kimaryo, the acting director general of TCB, said all preparations for the distribution of the …
Read More »EMYOOGA: Sembabule explains their poor recovery of Emyooga Funds
Sembabule, Uganda | THE INDEPENDENT | Poor timing in the release of funds to beneficiaries of the Presidential wealth creation initiative- also known as Emyooga has been blamed for the low recovery of the program funds in Sembabule district. Under the arrangement, the government, through the Ministry of Microfinance, mobilized …
Read More »IMF confident that Uganda, Rwanda economies to grow faster next year
Kigali, Rwanda | THE INDEPENDENT | Rwanda and Uganda will lead East African Community’s growth next year, but the International Monetary Fund warns of tough times ahead. The tough times are being projected as a result of the tightening of economic policies, especially by the US whose Central Bank, the …
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