Barclays Bank Uganda has announced a 13% increase in profits before tax from 86.8billion in 2018, the bank’s managing Director Rajesh Jha has revealed. “it was a good year for the bank where we saw solid growth on the balance sheet, coupled with growth in come .we managed our costs well and portfolio quality has improved giving rise to very ...

International Finance Corporation (IFC) a member of the World Bank has extended $1.9million to Agent Banking Company of Uganda (ABC) to support growth of agent banking services in rural areas. Richard Yego ABC Chief Executive Officer says over two and half years, IFC funds will be used to roll out agent banking network infrastructure and accelerate financial expansion services to ...

Fortebet, Uganda’s biggest betting company over the weekend donated tens of life jackets to fishermen and other water users at Kiyindi landing site in Buikwe district. This donation came just one week after Fortebet donated the same items to fishermen at Kigungu landing site. The handover has presided over by Fortebet’s Media Manager, John Nanyumba on Saturday. According to the ...

Due to the increase of mob justice in Lango-Sub-region where eleven suspected thieves have been killed and burnt to ashes since March 2019, Human rights activists have come out and condemned the act. Check also: Five Children From Same Family Killed By Unknown Thugs According to the survey conducted by the Uganda Human Rights Commission, since March, eleven suspected thieves have ...

Various residents in Namawojjolo, Lugazi, Kiyindi landing site and Mbikko confessed that Fortebet is indeed the best betting company after giving them lots of gifts. It all started at Kiyindi-Buikwe where Fortebet gave out F1 techno phones, club jerseys, T-shirts, caps, bodaboda reflector jackets among others. The same was also done at Lugazi, Namawojjolo and Mbikko. “I normally see F0rtebet ...