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Uganda Banking News. Service for global professionals. Constantly updated news and information about Uganda.
Latest Uganda Banking News
- Over 100,000 register with Uganda's new credit bureau 20 Dec 2009 12:50 GMT
... Posted Monday, December 21 2009 at 00:00 Uganda’s Credit Reference Bureau has hit the critical ... becomes an integral part of the country’s banking system. Compuscan Information Technologies, the firm that ... offers the service, is trying to get banks to properly identify their customers using biometrics ...
- Neptune Switches UPDF SACCO Into Orbit Banking 23 Dec 2009 10:35 GMT
... — WAZALENDO (citizens), a credit scheme for Uganda People's Defense Forces, (UPDF) has been integrated ... Forces, (UPDF) has been integrated into Orbit banking, a system aligned to the modern technology ... solutions to the needs of modern micro banks and financial institutions. Onyiah told the beneficiaries ...
- Glance-FTSE closes 1.9 pct higher; banks, commods boost 21 Dec 2009 18:20 GMT
... and crude prices and a rally in banking equities. The FTSE 100 index ended up ... million pound ($1.50 billion) sale of its Ugandan assets to energy group ENI. Royal Dutch ... Resources putting on 2.1 to 2.5 percent. Banks were also in demand, rebounding after weakness ...
- Glance-FTSE gains 1.1 pct, boosted by oils, banks 21 Dec 2009 13:00 GMT
... in energy stocks and a rally by banks. At 1206 GMT, the FTSE 100 index ... million pounds ($1.50 billion) sale of its Ugandan assets to energy group ENI. Royal Dutch ... with Royal Bank of Scotland, Barclays, Lloyds Banking Group, HSBC and Standard Chartered adding between ...
- FTSE up 1.1 pct, boosted by oils, banks 21 Dec 2009 13:05 GMT
... in energy stocks and a rally by banks. At 12:06 p.m., the FTSE 100 index ... proposed 930 million pounds sale of its Ugandan assets to energy group ENI . Royal ... Bank of Scotland , Barclays , Lloyds Banking Group , HSBC and Standard Chartered adding ...
- FTSE gains 1.1 pct, boosted by oils, banks 21 Dec 2009 14:15 GMT
... in energy stocks and a rally by banks. At 1206 GMT, the FTSE 100 index ... proposed 930 million pounds sale of its Ugandan assets to energy group ENI . Royal ... Bank of Scotland , Barclays , Lloyds Banking Group , HSBC and Standard Chartered ...
- It is not practical to tax idle land in Uganda's circumstances 23 Dec 2009 21:46 GMT
... a position. If all the land in Uganda was owned by the middle class, then one ... sh300,000 per acre for bush clearing. The banks here have been avoiding agriculture because of the ...
- It is Not Practical to Tax Idle Land in Uganda's Circumstances [opinion] 24 Dec 2009 13:16 GMT
... a position. If all the land in Uganda was owned by the middle class, then one ... sh300,000 per acre for bush clearing. The banks here have been avoiding agriculture because of the ...
- FTSE closes 1.9 pct higher; banks, commods boost 21 Dec 2009 17:52 GMT
... and crude prices and a rally in banking equities. ended up 97.18 points, or 1.9 percent, ... million pound ($1.50 billion) sale of its Ugandan assets to energy group ENI ( ...
- Uganda trade deficit falls to $26.9 mln in Oct 22 Dec 2009 09:04 GMT
... KAMPALA, Dec 22 (Reuters) - Uganda's trade deficit shrank to $26.9 million in ... increased lending to the private sector by banks, the central bank added. (Reporting by Elias Biryabarema; ...
- Consider Uganda¡¯s telephone aunties 22 Dec 2009 21:14 GMT
... answers to questions that suddenly arise? In Uganda, one would find a ¡°telephone auntie.¡± In ... too, with the opening of Smile Microcredit Banks by big businesses and financial companies last week. ...
- Central Bank toughens on borrowers 27 Dec 2009 21:42 GMT
... The move is aimed at aligning the banking industry to the technology required of a ... for each borrower, while the Bank of Uganda (BOU) issues and supervises its operations. The ... Walusimbi said. Uganda boasts of 23 commercial banks and five BOU-regulated microfinance institutions, most of ...
- The Business of 2009 23 Dec 2009 10:35 GMT
... International ratings agency Standard and Poor upgraded Uganda's sovereign rating to B+ with stable outlook. ... Housing and Construction Corporation partnered in a mega-mortgage deal involving an estate with 144 units ... Bank, and a host of other commercial banks went hit the main street. Big-time mortgage financing, ...
- Report from Europe: The Santa Claus Rally Continues 21 Dec 2009 16:54 GMT
... with lenders. The FDIC announced that seven banks were closed over the weekend, bringing the ... ) proposed $1.5 billion sale of its Ugandan assets to Eni. Tullow has an option ... relatively stable, the group said. ), the investment-banking unit of France’s second-largest lender, said that ...
- Loans Will Be Cheaper in 2010, Says Experts 24 Dec 2009 18:55 GMT
... Most Tanzanians are currently alienated from the banking system with only about 10 per cent ... get. Lenders in the country, particularly commercial banks, have been citing its absence as a ... economist Honest Ngowi said. Currently, Tanzania, like Uganda, has one of the highest interest rates ...
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