Tag Archives: UBA

Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association-UBA is petitioning the Central Bank to block the proposed taxation of cash withdrawals from the bank. The proposal has drawn condemnation across sections of the public after the Ministry of Finance Planning and Economic Development wrote to the Governor of the …

  Kampala, Uganda |THE INDEPENDENT | Isaac Khisa |  United Bank for Africa Uganda has a new managing director, as Chioma Mang took the top job at the Jinja-Road headquartered lender this month. Mang succeeds Johnson Agoreyo who was the MD from June 2016 – September 2020.    Mang was appointed to …

Experts warn of dire consequences for the private sector, government in relation to access to capital Kampala, Uganda | RONALD MUSOKE | Capital inflow in form of loans is big business in Uganda. In both the private and public sectors, loans secured from foreign investors boost service delivery, improve people’s …

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, United Bank for Africa Plc, has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance Facility for the Nigerian National Petroleum Corporation (NNPC) and its upstream subsidiary, …

Kampala, Uganda |  THE INDEPENDENT |  Banking institutions in May restructured loans worth Shillings 2.5trillion as more businesses and individuals applied to have their loan repayments halted due to disruptions by corona virus-COVID-19. This is more than the Shillings 2 trillion that were restructured in April 2020. Wilbrod Owor, the Executive …

Kampala, Uganda | THE INDEPENDENT | Nigerian-based United Bank for Africa Plc. has appointed Oliver Alawuba as deputy Managing Director in charge of Africa businesses. The lender operates in 20 African countries including Uganda. Also appointed is Ayoku Liadi as deputy managing director in charge of UBA Nigeria. The lender …

Kampala, Uganda | Julius Businge | Top world leaders in government and private sector want tangible solutions to heal world economies that have been hit by coronavirus pandemic (COVID-19). They were speaking during celebrations for Africa Day 2020 facilitated by United Bank for Africa (UBA). The event was screened live across …

  Kampala, Uganda | INDEPENDENT REPORTER | Pan-African lender, United Bank for Africa – Uganda has made a donation of Shs570million to the Uganda government as support towards the fight against the coronavirus (COVID-19) global pandemic. The donation was made to President, Yoweri Museveni, by the UBA Uganda Managing Director …

Kampala, Uganda | Isaac Khisa | Uganda government is set to receive US$150,000 from the pan-African lender, United Bank for Africa, as part of its efforts to stem the effects of the devastating coronavirus. The support is part of the US$14 million kitty that UBA has announced through its UBA Foundation to …

Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers’ Association-UBA, has signed a collaboration agreement with technology companies which will among other things see them share information on how to tackle and respond to internet fraud. Under their umbrella, Finance and Technology Service Providers Association (FITSPA), the companies usually referred to …