Bank of Uganda on Wednesday, October 14, 2020 sent out a clarification regarding its position on financial Institution business regulation …
Category: Business
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40 Million Face “Extreme” Poverty in Sub Saharan Africa
By Aloysious Kasoma The pandemic could also drive up to 40 million people into extreme poverty in Africa in 2020, erasing at least five years …
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WorldRemit Joins Ugandans To Celebrate 58 Years Of Independence
By Aloysious Kasoma With approximately 660,000 Ugandans in the diaspora, the remittance industry has witnessed an increase in money being …
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Bank of Uganda Standing On The Court Ruling Ham Vs DTB
Bank of Uganda has come out to pronounce itself regarding the Commercial Court ruling in the matter of M/s Ham Enterprises …
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Ham Wins DTB Loan Case
By Aloysious Kasoma Businessman Hamis Kiggundu a.k.a Ham has won the sh41b loan case against Diamond Trust Bank (DTB-Kenya). Commercial …
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Uganda, DRC Will Not Back off The Road Network
By Aloysious Kasoma Cabinet has approved a move that will see both governments jointly build 223km of road network inside …
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Emirates Loses US$ 1.4 billion to customers in refunds
By Aloysious Kasoma Emirates reveals that is has returned over AED 5 billion (US$ 1.4 billion) in COVID-19 related travel …