Industry experts foresee a competitive, innovative and technology driven sector Kampala, Uganda | JULIUS BUSINGE | Rivalry in Uganda’s banking sector is expected to tighten following the central bank’s decision to grant two entities licenses to start banking business. These are Afriland First Bank Uganda Limited, a Cameroonian …
Read More »DFCU gives Vipers Sh300 million sponsorship boost
Kampala, Uganda | JULIUS BUSINGE | DFCU bank has joined the list of Vipers’ football club sponsors, handing them a Sh300 million boost for the next two years. Speaking at a press conference at the bank’s headquarters today (Nov.8), William Sekabembe, the bank’s chief of business and executive director said …
Read More »Uganda Cranes coach Micho wants out
Kampala, Uganda| THE INDEPENDENT | Whether he leaves or not, Milutin ‘Micho’ Sredojevich’s name will remain etched in Uganda’s football history as the coach who broke the jinx! History will state that in 1978, Uganda Cranes reached the final of the Nations Cup finals, falling to Ghana 2-0. Jimmy Kirunda and Phillip Omondi …
Read More »Micro credit: Good or bad for Uganda’s poor population?
Experts say the interest rates are very high Kampala, Uganda |Isaac Khisa| Micro-credit is fast becoming a darling to millions of Uganda’s population following the rollout of new credit windows between financial institutions and telecom firms. But financial experts are worried that the new products may not create as much …
Read More »Memories of Lesotho 2007 as Uganda Cranes encounter Force Majeure again
Exactly 10 years ago, Ugandan football came face to face for the first time in a big way with the clause Force Majeure. The Uganda Cranes had arrived in full force in the South African state of Lesotho for a make-or-break match. Having beaten Lesotho 3-0 in Kampala on September 2, …
Read More »Mulindwa eyes return at FUFA?
Former Federation of Uganda Football Associations (FUFA) President Lawrence Mulindwa could be eyeing a return to the position he left in 2013. While at a graduation ceremony for his daughters held at the newly built St Mary’s Stadium Kitende, Mulindwa reacted to comments made by FUFA Vice President Dennis Mbidde …
Read More »USE: Promising market for long term investors
Analysts predict a rebound in the market activities this year and so is the surge in prices Trading activities on the Uganda Securities Exchange showed a high decrease in market turnover on Jan.06, registering a 97.2% decline to Shs51million compared with the previous day. The All Share Index modestly increased …
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