United Arab Emirates (UAE) President Sheikh Khalifa Bin Zayed Al Nahyan has died, state news agency WAM reported on Friday.
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Absa, Prudential Unveil Life Insurance Policy For Families
Absa Bank Uganda and Prudential Uganda have launched the Absa Family Protection Plan, a life insurance policy, designed to help families plan for the financial needs faced during the loss of a loved one who is either a member or immediate member of a family.
Read MoreAbsa Commits sh65 million Towards Makerere’s Centenary Celebrations
Absa Bank has committed to sponsoring to a tune of sh65 million the Makerere University centenary celebrations, which were launched in November 2021.
Read MoreLois Kwikiriza Appointed Head Of Marketing At MultiChoice Uganda
Lois Aber Kwikiriza has been appointed the new Head of Marketing at MultiChoice Uganda.
Read MoreWorldRemit Suspends Money Transfer Service In Uganda
Effective July 6 this year, WorldRemit, a cross-border digital payments service provider will shut down part of its money transfer business arm in Uganda. The company has not given any explanation for the decision that could impact thousands.
Read MorePostBank’s Doreen Nyiramugisha Joins Housing Finance
Doreen Nyiramugisha has joined Housing Finance Bank as the new head of marketing and communications.
Read MoreMTN Profits Grow To Sh100 Billion In Q1 of 2022
MTN profits for the three months to March grew by 20% to sh100.5 billion as earnings from data and mobile money improved.
Read MoreWarren Buffett Tells Shareholders About Spending $51 Billion
Warren Buffett gave Berkshire Hathaway investors a few details Saturday about how he spent more than $50 billion earlier this year and again reassured them that the company he built will endure long after the 91-year-old billionaire is gone.
Read MoreSTEPHEN KABOYO: Uganda Shilling Projections (May 2 to May 6, 2022)
The Uganda shilling was on the back foot undermined by an upsurge in demand from importers and interbank. The unit lost its previous week momentum and traded at 3550/60.
Read MoreCentenary Bank Posts 31% Growth In Profits
Centenary Bank’s profits after tax grew by 31.2% to sh211b from sh161b posted in 2020, supported by growth in interest income from lending and investment in government securities.
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