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Day: June 25, 2022

How Blockchain Technology Can Curb Mobile Phone Fraud

June 25, 2022June 25, 2022 admin

Twenty years ago, communication between persons across distances and services like sending money had a heavy reliance on physical channels, such as landlines, the post office and public service vehicles.

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Analysis, Insights, NewsBlockchain technology, George Muga, Noah BaalessanvuLeave a comment

Patrick Oketa Joins FSD Uganda As New Executive Director

June 25, 2022June 25, 2022 admin

Patrick Oketa has been appointed as the new Executive Director at Financial Sector Deepening Uganda (FSD Uganda. He replaces Rashmi Pillai.

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Corporate Executives, NewsFSDU Uganda, Patrick Oketa, Rashmi Pillai FSDLeave a comment

Stanbic, Prudential In Joint Medical Insurance Cover Partnership

June 25, 2022June 25, 2022 admin

With just UGX600, 000 investment, Stanbic customers will be able to acquire for an annual medical insurance cover of up to UGX20million.

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Company News, NewsPresidential Uganda, Sam Mwogeza, Stanbic Bank UgandaLeave a comment

EXCHANGE RATES

CURRENCY BUYING SELLING
USD3,7323,742
GBP4,6644,676
EUR3,9813,992
KES31.9332.01
TZS1.61.6
ZAR240240

PRIME LENDING RATES AS AT JANUARY 1, 2022

Stanbic Bank15.5%
Centenary Bank20%
Standard Chartered 18.3%
Absa Bank17%
Diamond Trust16%
Equity 20.5%
KCB Bank21%
Dfcu Bank20%
Baroda19%
Housing Finance 20.5%

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