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NSSF awarded as overall winners in the Public Sector at the FiRe Awards

The Institute of Certified Public Accountants of Uganda (ICPAU) has awarded NSSF as the overall winners in the public sector at the 11th Edition of the Financial Reporting (FiRe) Awards on 10th November 2021. Ad: Listen to the LIVE Radio The FiRe Awards were introduced in 2011 with overall aim of promoting best practices in financial reporting in complying with international financial reporRead More…

I&M Bank (Uganda) Ltd

Orient bank now I&M Bank (Uganda) Limited

Orient Bank which has operated in Uganda since 1993 will now be referred to as I&M Bank (Uganda) Limited following the acquisition of 90 percent shareholding in this bank by I&M Holdings Limited, a Nairobi-based financial Group. I&M Holdings Limited acquired the shares on 30 April 2021 and according to Business Daily Africa, I&M Holdings Limited of Kenya paid US$33.6 milliRead More…

Ruth Biyinzika Musoke

Dr. Ruth Biyinzika appointed head of Directorate of Industrial Training

Dr. Ruth Musoke Biyinzika Dr. Ruth Musoke Biyinzika, a Private Sector Development Specialist, Entrepreneur, Trainor, Mentor and a Coach has been appointed as chairperson of the Directorate of Industrial Training (DIT). She is a financial services expert, with an MBA specializing in SME Development. Dr. Ruth has been the head of Skills Development Facility (SDF), a government of UgRead More…

e-Naira digital currency

Africa’s first Digital Currency launched

Nigeria, which is Africa’s largest economy with a GDP of $514.05 billion according to Statistica has launched Africa’s first digital currency, e-Naira. The e-Naira comes after the other digital currency-cryptocurrency was banned by authorities in February having been said that it exposed citizens to huge financial risks. Nigerian president, Muhammadu Buhari at the unveiling of the e-Naira saidRead More…