Grapevine

business

July 26, 2024

Growth in loan book boosts UDB’s profits

Uganda Development Bank (UDB) has reported a 17 percent growth in profits, supported by a 20 percent rise in its loan book. The growth, Ms Patricia …

business

July 26, 2024

Uganda registers increased demand in industrial spaces

A Knight Frank report indicates that Uganda registered an increase in demand for industrial spaces in the first half of the 2023/24 financial year du…

business

July 26, 2024

Loan-related fraud doubles among financial institutions

Loan-related scams doubled in just three months to June, overtaking impersonation and identity theft as the most recorded types of fraud among financ…

business

July 26, 2024

Gold sees value of Uganda’s imports from Tanzania soar

A report by the Ministry of Finance indicates that Uganda now sources more imports from Tanzania than any other East African Community (EAC) member s…