Category

Banking & Finance
The banking sector will remain the major fulcrum of the financial services sector alongside e-money issuers. Most financial institutions remain adequately capitalised in line with the Ugandan Central Bank's recent core capital enhancements.
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Economic activity is predicted to rebound in 2024 facilitated by oil and gas FDI, growing Internet penetration, political activity as we build up to party primaries, real estate/construction, public infrastructure and government spending. Do not hesitate to reach out should you encounter any challenges in the process of financial sector intermediation.
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Last week, the International Swaps and Derivatives Association (ISDA) launched the ISDA 2020 interbank offering rates (IBORs) protocol (the protocol), which is designed to assist derivative market participants with their IBOR plans. For purposes of context, IBORS are reference rates/benchmarks used in financial transactions to determine amounts payable by the parties to those financial transactions,...
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