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Absa Bank tips SMEs on financial literacy

Kampala, Uganda | THE INDEPENDENT | A total of 300 SMEs in Masaka, Mbarara, and Fort Portal have received training in entrepreneurship and financial literacy from Absa Bank Uganda, in partnership with Enterprise Uganda. The training programme saw the SMEs get taken through modules such as business leadership and corporate governance, …

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New law gives BOU power to punish mobile money companies

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has warned of strong penalties in new regulatory measures, against telecommunications and financial service companies that violate competition and pricing rules. In the draft Fair Competition law, the industry regulator says unfair competition practices are stifling the growth of the digital …

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Bwaise transit terminal developers seek Govt funding

Kampala, Uganda | THE INDEPENDENT | The developers of the Bwaise transit terminal in Kawempe division in Kampala are seeking government funding to complete the project. The terminal is intended to accommodate taxis and buses from various regions, including northern Uganda, Kayunga-Bugerere, and Kiboga on Hoima Road. The Bwaise terminal …

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