Tag Archives: Financial

LONDON | Xinhua |  Manchester City coach Pep Guardiola said on Friday he is “looking forward” to the start of the hearing into the 115 charges leveled against his club for breaking the Premier League’s financial fair play rules. The trial begins at a secret location on Monday after a …

Kampala, Uganda | THE INDEPENDENT |  The government has finalized the second National Financial Inclusion Strategy, aimed at increasing access to financial services. The strategy due for launch on Thursday will cover the period 2023 to 2028, succeeding the first one that was launched in 2017. According to Mackay Aomu, Director, …

Kampala, Uganda | THE INDEPENDENT | The Buliisa Farmers Capacity Building Project, initiated by Pure Grow Africa Limited with significant support from McDermott, celebrated the graduation of 1,500 farmers on Aug.30, officials said in a news release. The farmers underwent transformational training that encompassed areas such as land and seedling preparation, …

EAC has finally sanctioned the creation of an East African Financial Services Commission, but the process of achieving regional monetary union is running way behind schedule Kampala, Uganda | Neil Ford | The East African Legislative Assembly (EALA) in December last year passed a bill establishing the East African Financial Services Commission …

Kampala, Uganda | THE INDEPENDENT | As the economy continues to grapple with high inflationary pressures and challenges related to global economic and political turmoil, financial sector players are unveiling plans for customers to remain afloat hoping that the situation will normalize. On January 12, Stanbic Bank unveiled ‘a financial relief …

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda Limited is currently offering a vast array of financial packages that will immensely be pivotal in helping Ugandans kick-start a new year on a strong financial stand. The impressive packages will bolster investment capabilities for Ugandan entrepreneurs, especially its customers which is …

High transactional costs hampering growth in financial inclusion in Uganda Kampala, Uganda | THE INDEPENDENT | New developments in the financial sector have forced a rethink of how the sector should be developed to ensure it helps build a thriving economy that works for every Ugandan, according to Moses Kagwa, the …

  Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda (BoU) has licensed two more financial solutions under the Sandbox regulatory framework, as it implements laws aimed at promoting financial inclusion and safety. A regulatory sandbox is a framework set up by a financial sector regulator to allow small-scale, live …

London, United Kingdom | AFP | Real Madrid have knocked Manchester United off the top of Deloitte’s Football Money League, but the Premier League still flexed its financial muscle, with all of England’s ‘Big Six’ featuring in the top 10 for the first time. The Deloitte list ranked clubs on how …

Kampala, Uganda | THE INDEPENDENT | Commercial banks have recorded a mixed bag of fortunes over the last one year, according to financial reports released today. The financial results released today show a decline in profits for some banks and microfinance deposit-taking institutions and losses for others. Banks that reported losses …