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Digital Economy
For banks, the phone is replacing the bricks and mortar branch
Branch network is one of the metrics banks usually use to measure success. The more successful a bank, the more branches across the country. That, however, may be changing as digital banking and agency banking take root in Uganda's banking sector
September 13, 2017
Companies
Markets
Dfcu to raise Shs200bn in rights issue
Dfcu Limited, the holding company of dfcu Bank, announced Monday that it expects to raise Shs200 billion by selling new shares in a rights issue to settle a shareholder loan
September 4, 2017
Companies
Property
Shoprite is moving into the space vacated by Nakumatt at Acacia Mall
Shoprite is opening its third Ugandan store at Acacia Mall, Kisementi, two years after closing an outlet in Nalya
August 29, 2017
Companies
Digital Economy
Uber drivers are using screenshots to cheat riders
Sources close to Uber Uganda say that it has discontinued two drivers so far for using screenshots when charging riders
August 24, 2017
Companies
Brainchild Burson-Marsteller initiative to boost innovation in business
First Innovation Series event to promote innovation in product packaging among businesses
August 22, 2017
Companies
Digital Economy
This is how MoKash is faring one year on
One year ago, MTN Uganda launched MoKash, a service that allows customers to get micro-loans and save using their phones
August 18, 2017
Companies
Corporate earnings and results
Markets
MTN Uganda half year profit up on data and digital growth
Strong growth in data and digital services helped MTN Uganda increase revenue in the first half of 2017, according to interim results released by parent company MTN Group
August 17, 2017
Companies
Corporate earnings and results
Dfcu gets profit boost from Crane Bank acquisition
The first financials released by Dfcu Bank since its acquisition of Crane Bank this January show a rapid rise in the bank's profits and asset base
August 15, 2017
Companies
Corporate earnings and results
Markets
Stanbic profits in first half of 2017 drop on lower interest rates
Stanbic Bank, Uganda's largest bank by assets, reported a year-on-year fall in after-tax profit for the first half of 2017, which it said was emblematic of suboptimal growth in the banking sector
August 15, 2017
Companies
Politics & Policy
Governor defends central bank on Crane Bank supervision
Tumusiime-Mutebile says much of the commentary on Crane Bank in the media and on social media betrays a profound misunderstanding of how bank supervision works and what can realistically be achieved by a bank regulator
August 11, 2017
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