Kampala, Uganda | THE INDEPENDENT | United Bank for Africa- Group’s Martin Che, while in Uganda, paid a visit to the Prime Minister’s office to discuss the possibility of a new partnership between the bank and the Government of Uganda. During the meeting, Che addressed UBA’s intentions and desire to manage the …
Read More »USAID, UBA signs a new partnership deal
Kampala, Uganda | THE INDEPENDENT | The U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. The partnership will ensure that businesses are equipped …
Read More »Ugandans lost UGX192 bn to hackers in 2018 – Survey
Kampala, Uganda | THE INDEPENDENT | Online attacks by hackers saw a whopping USD 52 million (192 billion Shillings) stolen from different organizations in Uganda, including banks in 2018, the latest survey shows. This was a growth from the USD 44 million (162 billion Shillings) stolen in 2017 and USD …
Read More »Bankers’ Association advises Ugandans to buy cows instead of investing in cryptocurrency
Kampala, Uganda | THE INDEPENDENT | Ugandans are better off investing their money in cows than plunging into the unknown world of cryptocurrencies, Stanbic bank chief executive Patrick Mweheire has said. A cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of …
Read More »Customers Bank deposits now protected up to UGX 10m
Kampala, Uganda | THE INDEPENDENT | The government has increased the deposit insurance limit from the current 3 million to 10 million shillings. This is the amount of money that is put aside to cater for misfortunes like the closure of a bank, as a guarantee that depositors can be …
Read More »Let us look beyond financing if we are to understand agriculture problem-Bankers
Kampala, Uganda | THE INDEPENDENT | In debating just access to loans to farmers alone, the country is missing key ingredients that make the agriculture sector unattractive to financiers. This was the key message at the annual bankers’ conference at Serena hotel on Tuesday where banking executives discussed how they …
Read More »Let us look beyond financing if we are to understand agriculture problems
Kampala, Uganda | THE INDEPENDENT | In debating just access to loans to farmers alone, the country is missing key ingredients that make the agriculture sector unattractive to financiers. This was the key message at the annual bankers’ conference at Serena hotel on Tuesday where banking executives discussed how they can …
Read More »Banks want to discuss with gov’t on Landlords and tenants bill
Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association has said they want to discuss with government their concerns with the Landlord and Tenants Bill 2018 before it is assented into law by President Museveni. Wilbrod Owor, the UBA Executive Director, said as bankers they still have concerns with some …
Read More »2019 Bankers conference to attract 500 participants
Kampala, Uganda | Julius Businge | About 500 people are expected to attend the 3rd Annual Bankers Conference to be held at Kampala Serena Hotel on July 16. The Uganda Bankers Association (UBA), an umbrella organisation for all commercial banks is the overall organiser of the conference that will carry the theme …
Read More »Bankers’ conference to discuss funding for farmers
Kampala, Uganda | THE INDEPENDENT | Ugandan bankers will this month use their annual conference to discuss how they can offer money to the agricultural sector. According to Patrick Mweheire, the Executive Director of Stanbic Bank and Chairman of Uganda Bankers’ Association (UBA), agriculture has huge impact on key issues …
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