IN THE NEWS

Invest your savings wisely – UMRA Boss

World Savings Day was established to inform people about the idea of saving money. Mr Avu Elly Biliku, the Acting Executive Director of Uganda Microfinance Regulatory Authority, spoke to Daily Monitor’s Isaac Ssejjombwe. When was UMRA formed? UMRA was established under section 6 of the Tier 4 ...

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Five UMRA staff get coveted international assessment certificates

By Edward Bindhe Communications Manager UMRA. Five officials from Uganda Microfinance Regulatory Authority are among the 25 Ugandans who have qualified to become internationally recognized assessors after undergoing through Smart Campaign training. The officers are Hellen Nalweyiso, a compliance ...

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Uganda Microfinance Regulatory Authority (UMRA) board inaugurated, urged to streamline SACCOs, money lenders

There were cries of joy when investors from Global Finance opened shop and promised a 15% monthly interest for savers. Members who recruited their friends, family and acquaintances were also promised 10% of the new investment. It was a deal that was just too good to leave. However, in the end, some ...

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