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The National Insurance Commission (NAICOM), has promised to abolish the regime of annual brokers' licence renewing regime to replace it with longer life span licensing regime.

The proclamation will enable ECX to manage future, forwarding and managing contracts of non-agricultural products.

Last week, the International Monetary Fund (IMF) provided details on why it wants Bank of Uganda (BoU) to strengthen the supervision of commercial banks, in order to avoid the Crane Bank-like scenario.

At least 203 peasants of the Belo Horizonte Peasants Association in Canaúlo village, northern Cuanza Norte province, benefited on Saturday from agricultural loan and tools given by Sol Bank, as part of its project for local agricultural support.

Efforts by the Federal Government to enhance financial literacy in Nigeria received a major breakthrough, as the Central Bank of Nigeria (CBN), announced the inclusion of financial education in school curricula.

Ministry of Civic Education and Community Development says village banks should embrace new standard village savings and loan associations (VSLAs) best practice guidelines to ensure sanity in the economic sector.

About 60 enterprises had by 2002 been privatised by the government. Some of these companies, according to the Ugandan Prime Minister were required to list sell shares to the public by listing on the Uganda Securities Exchange (USE) and ALTX East Africa Exchange.

Sending money to Tanzania is the most expensive in the Eastern and Southern Africa, a London based consultancy organisation, Developing Markets Associates (DMA) June global report shows.

The Nigerian Minister of Finance, Kemi Adeosun, on Tuesday said the country must not borrow more to fund the 2017 budget but should instead raise money by other means.

Uganda has been advised to have employ more professionals and raise its capital market industry profile if they are to attract more investors.

With concerted efforts of the government and other stakeholders, Nyala Insurance Company is providing weather insurance services to small scale farmers and pastorals in various states, said Micro Insurance Business General Manager Solomon Zegeye.

Uganda's housing deficit that currently stands at two million units continues to grow by 300,000 units per year, Housing Finance Bank (HFB) has said.