Dear Shareholder, The Stanbic Uganda Holding Limited Hybrid AGM- comprising of a physical meeting at the Katonga Hall of Kampala Serena Hotel and via electronic means will be held on Friday, 31st May 2024 at 11:00 AM EAT. Registration closes on Thursday, 30th May 2024 at 5:00 pm. For support during the registration, process please […]
MTN UGANDA LIMITED HYBRID AGM
Dear Shareholder, The MTN Uganda Limited Hybrid AGM comprising of a physical meeting to be held at the Victoria Hall Serena Hotel, Kampala and via electronic means will be held on Wednesday, 22nd May 2024 at 10:00 AM EAT. Attached please find the AGM notice. The Audited Financial statements are available on the Company’s website www.mtn.co.ug
Bank of Baroda (Uganda) Limited (BOBU) AGM Notice
Dear Shareholder, We hope this finds you well. Attached is a copy of the Bank of Baroda (Uganda) Limited AGM Notice for the annual general meeting to be held on Thursday 06th June 2024 at 02:00 P.M. Physical meeting at Munyonyo Commonwealth Resort, Kampala. Please view the details and feel free to get back to […]
Umeme Limited AGM Notice
Dear Shareholder, We trust this email finds you well and safe. Please note the correct Venue for The Hybrid (comprising both physical and virtual) Annual General Meeting (AGM) of Umeme Limited will be held on Thursday 16th May 2024 at 10:00 AM at Serena Hotel, Kampala and via electronic platform. Note registration is now open and will close on Wednesday 15th […]
UBA increases its stake in Kenya and Uganda units with eye on EAC market
Pan-African banking group United Bank for Africa (UBA) has acquired more stakes in its Kenyan and Ugandan subsidiaries in the wake of a rush by Nigerian lenders to penetrate the East African banking market now under the control of Kenyan retail banks.The Nigerian billionaire Tony Elumelu-owned lender acquired 13 percent and 11 percent additional shares […]
Uganda to get $295m loan from Saudi’s Islamic Development Bank
Uganda has signed an agreement with Saudi Arabia’s Islamic Development Bank (IDB) for a $295 million loan to fund road construction and other projects, the country’s Finance minister said on Tuesday.The move underscores Uganda’s efforts to diversify its sources of external funding, as talks with the World Bank to resume lending have dragged on without […]
Kenya monopoly of Uganda oil imports to end
Uganda will start importing fuel directly from next month in a deal with Vitol Bahrain which the country hopes will supply cheap petroleum products.Energy and Mineral Resources Minister, Ruth Nankabirwa, told oil marketers in a circular that Uganda National Oil Company’s (Unoc) maiden cargo of super petrol and diesel would arrive between June 18 and […]
Uganda reduces bank depositors’ exposure
Uganda’s Deposit Protection Fund (DPF) has agreed on rules to stem systemic risks and maximise asset recovery in the event of bank failures as part of a five-year crisis management plan seeking to bolster depositor confidence and open up the banking sector to more investments.The rules contained in the liquidation policy and procedures manual provide […]
East African central banks raise interest rates on inflationary pressure
East African central banks are keen on anchoring inflation expectations to reduce the cost of living and attempt to comply with the elusive macroeconomic convergence conditions for a single currency regime.These include a debt-to-gross domestic product (GDP) ratio of 50 percent, fiscal deficit (including grants) of three percent of the GDP, overall inflation of eight […]
Uganda taps into Islamic banking market with entry of Salaam Bank
Uganda government’s move to pass legislation allowing Islamic banking, and the subsequent licensing of Salaam Bank, show a growing demand for Sharia-compliant financial services.Salaam, a subsidiary of a Djibouti-based lender by the same name, opened doors formally in Kampala last month, underscoring what officials said was to serve a growing niche of clients.Uganda now joins […]
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