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Absa Uganda launches three digital payment solutions amid surge in mobile banking

Business Mweru -
KAMPALA, Uganda — Absa Bank Uganda launched three new digital payment solutions Tuesday—the Absa Multi-Currency Virtual Card, Absa Pay and Absa Pay by Link—designed...

Bank of Uganda grants license to Pearl Bank

Business Mweru -
KAMPALA, Uganda — The Bank of Uganda has granted an operating license to Pearl Bank Uganda Limited, formally allowing the institution, which previously operated...

NIRA assures public old IDs won’t be confiscated during high-tech card rollout

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KAMPALA, Uganda — The National Identification and Registration Authority, or NIRA, has assured the public that old National ID cards will not be confiscated...

Finance Trust Bank receives global data security certification

Business Mweru -
Kampala, Uganda — Finance Trust Bank has been granted the ISO/IEC 27001:2022 certification, an internationally recognised standard for Information Security Management Systems. The achievement...

Uganda court charges 4 with trying to defraud Stanbic of 725 million shillings

Business Mweru -
KAMPALA, Uganda — Four suspects were formally charged Friday with attempting to defraud Stanbic Bank of 725 million shillings ($190,000), according to court documents....
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