Tony Elumelu at #NGA79: Driving Financial Inclusion, Tackling Global Hunger, Unemployment New York, the United States | THE INDEPENDENT | Tony Elumelu, Group Chairman of United Bank for Africa (UBA) and founder of The Tony Elumelu Foundation, used his platform at the 79th United Nations General Assembly (UNGA) in New …
Read More »Annual Bankers Conference to focus on green financing, transparency
Kampala, Uganda | THE INDEPENDENT | Climate change, community welfare and transparency in business are to dominate the 7th Annual Bankers Conference set for June 19. This comes just after the launch of the Environmental, Social, Governance (ESG) National Framework that aims to ensure all financial institutions in the country conduct …
Read More »Ugandan bankers launch ESG framework
Initiative to be theme of the annual bankers’ conference Kampala, Uganda | IAN KATUSIIME | The Uganda Bankers Association has launched the Environmental, Social and Governance framework to join a global phenomenon that companies have adopted to boost their sustainability and development impact. During the launch that took place at …
Read More »New Uganda Bankers Association executive to focus on sustainability
Kampala, Uganda | THE INDEPENDENT | The newly elected executive of the Uganda Bankers Association (UBA) will prioritize matters of Environmental, Social, and Governance (ESG) to enhance the sector’s responsibility to society, its customers, and stakeholders. “We are living in an era where business sustainability is a priority,” said Julius …
Read More »Uganda’s women badminton team shifts focus to Uber Cup in China
KAMPALA, Uganda | Xinhua | Uganda’s women’s badminton team has promised to make a good impression and perform well when they take part in the 2024 Uber Cup to take place in China. Uganda will be making their maiden appearance at the 2024 Thomas & Uber Cup slated for April 28th …
Read More »UBA Uganda refutes social media allegations of significant customer fund loss
Kampala, Uganda | THE INDEPENDENT | United Bank for Africa’s (UBA) Uganda subsidiary has denied circulating social media claims regarding a purported loss of $250,000 (approximately Shs 965 million) from a customer’s account, labelling these allegations as baseless and unfounded. “UBA Uganda categorically refutes these spurious allegations, asserting no such …
Read More »BOU: Uganda financial sector robust, to survive World Bank blacklist
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has assured the banking and financial industry that it will ensure its stability and the sustainability of the microeconomics of the country amidst the withdrawal of the World Bank from new loan deals. The World Bank decision communicated last week …
Read More »Safety, cost concerns still limiting uptake of mobile banking by Ugandans
Kampala, Uganda | THE INDEPENDENT | More Ugandans subscribing to mobile banking are using the platforms to withdraw money from their bank accounts, than those using them to deposit, according to the service providers. This is one of the findings and developments in the banking and financial technology (Fintech) industries …
Read More »UBA members visit Raxio data centre
Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association (UBA) members made an exploratory visit to Raxio’ state-of-the-art data centre in Namanve Business Industrial Park on July 26 The visit aimed to delve into the advanced technology and infrastructure underpinning the seamless and secure banking services offered to customers nationwide. …
Read More »VISA and Uganda Bankers Association partner to accelerate contactless payments in Uganda
Kampala, Uganda | PATRICIA AKANKWATSA | VISA, a global leader in digital payments, has joined forces with the Uganda Bankers Association (UBA) to spearhead an innovative training program aimed at accelerating the growth of contactless payments in Uganda. With a shared vision of advancing financial inclusion and promoting secure, convenient payment …
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