Uganda Microfinance Regulatory Authority (UMRA) @UgMicrofinAuth
Official Twitter handle for Uganda Microfinance Regulatory Authority-UMRA, a Government Tier 4 MFIs Regulatory Institution. We are under MOFPED umra.go.ug Rwenzori Towers, Kampala Joined January 2018-
Tweets2K
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Followers3K
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Following275
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Likes650
Is your Money Lender regulated by UMRA?
#Pictorial Our joint on-site supervision of #SACCOs with @ThefiaU continued to Sebei sub-region,Busoga, Western, Midwest and Central. The objective of the inspection is to examine these SACCOs on anti-money laundering and combating of terrorism financing.
To advance financial inclusion for all Ugandans, we're committed to strengthening a robust and sustainable non-banking financial sector, including SACCOs, non-deposit-taking microfinance institutions, and money lenders. #WeGuideYouProsper
Do you have dealings with a SACCO, money lender, self help group or community based microfinance institution? You need to learn more about UMRA, the institution that regulates their activities. Visit umra.go.ug to get started today! #WeGuideYouProsper
Earlier in the day, we kicked off joint on-site inspection of SACCOs with Financial Intelligence Authority @ThefiaU on Anti-Money laundering and terrorism financing. The team in the pictures below inspected NAZIGO SACCO located in Kayunga district.
Turn the week into a masterpiece by starting your Monday with purpose and positivity. #WeGuideYouProsper
Often, we get caught up in the deceit of Non-Deposit Taking Microfinance Institutions. What's the best way to resolve the problem below? Leave your answers in the comments #WeGuideYouProsper
We're dedicated to nurturing a resilient and sustainable non-banking financial sector, including SACCOs, non-deposit-taking microfinance institutions, and money lenders, to promote financial inclusion for all Ugandans. #WeGuideYouProsper
As we embark on a new week, let this mantra remind you of your greatness and the limitless possibilities ahead. You are capable of achieving incredible things. #WeGuideYouProsper
@UgMicrofinAuth recently issued the Tier-4 #digitallending guidelines in response to public outcry over mushrooming predatory lending from internet-based lending apps. I call upon digital lenders to comply with these guidelines. umra.go.ug/digital-lendin…
Let's start the weekend with a word puzzle! How many words can you spot in 'Financial'? Comment your answers below. #WeGuideYouProsper
#FinScopeUG23 Tibbs Orikiriza of @UgMicrofinAuth also notes that the regulations through a joint coordination with @BOU_Official to oversee credit scoring mechanisms. There will be in depth sensitization and financial literacy initiatives that will drive fair lending practices.
As we celebrate Eid al-Fitr, may we remember the blessings of Ramadan, the lessons of patience and compassion, and the joy of unity in our community. Eid Mubarak #WeGuideYouProsper
Notice: We wish to inform all our members and partners that our office will remain closed in celebration of Eid al-Fitr #WeGuideYouProsper
Money lenders may use complex language or small fonts to hide crucial information in agreements. Seek clarity if anything seems unclear. #WeGuideYouProsper
Take charge of your day and steer it towards success. #WeGuideYouProsper
Let’s welcome the weekend with some ‘Edutainment’. Complete the sentence. #WeGuideYouProsper
For inquiries about complaints, call this number below. You can also file your complaint through our website licensing.umra.go.ug/umra/complaint…
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#FinScopeUG23 Tibbs Orikiriza of @UgMicrofinAuth also notes that the regulations through a joint coordination with @BOU_Official to oversee credit scoring mechanisms. There will be in depth sensitization and financial literacy initiatives that will drive fair lending practices.
Empowering the underserved: interview with the Uganda Microfinance Regulatory Authority afi-global.org/newsroom/news/… @UgMicrofinAuth @EdithTusuubira
✅#Consumer #protection mechanisms, including transaction receipts, complaint resolution, and responsible advertising ✅Anti-money #laundering and #counter-terrorism financing protocols ✅Reporting and oversight by @UgMicrofinAuth
The Uganda Microfinance Regulatory Authority, Ministry of Finance, and Bank of Uganda have launched the Tier 4 Digital Lending Guidelines. @HakiimsWampamba #NBSLiveAt1 #NBSUpdates
🎉 Exciting news from the Financial Intelligence Authority of Uganda! 🇺🇬 We’re thrilled to announce that Uganda has been removed from the FATF grey list—a significant milestone for our nation’s economy and financial integrity. Here’s why this development is such a big deal:
#Microfinance remains a potent tool for gender equality and economic transformation. When women are empowered through equitable access to affordable financial services, they don't just thrive alone but uplift their families, strengthen communities, and as a result, the nation.
Minister Cautions Against Issuing Licenses to Online Money Lenders ugandaradionetwork.net/story/minister…
The State Minister for Microfinance, Haruna Kassolo, has warned that illegal money lenders will be prosecuted and thrown out of business if they don’t obtain licenses from the microfinance regulatory authority. #NTVNews | bit.ly/47WM9QX
Throughout the dialogue, I also emphasized that @UgMicrofinAuth is focused on promoting a sound and sustainable Tier-IV sector that enhances financial inclusion, financial stability and financial consumer protection.
@airtelmoneyug @gnugridcrb @WorldBank @UgMicrofinAuth @GovUganda I also appreciate @fsduganda and @MastercardFdn for their continued advisory and technical support in ensuring that financial services become more accessible and transformative for the people of Uganda. #FinancialInclusionUG
The introduction of this mobile credit scoring system is particularly significant for Tier IV institutions,as it opens new avenues for responsible lending and financial services delivery to the grassroots. ~Ms Edith Tusuubira #FinancialInclusionUG #gnuGridAirtelMobileCreditScore
Minister of State for Microfinance @HonKyeyune led the team from @UgMicrofinAuth before @Parliament_Ug Committee on Finance to present & discuss their Budget Framework Paper for FY 2024/25. The mandate of @UgMicrofinAuth is to regulate,license & supervise Tier 4 Microfinance…
Macroeconomic indicators January 2024 Release The Statistics Department of the Bank of Uganda collects and compiles relevant statistical information for its stakeholders. Find some of the most frequently requested indicators for the recent 12 months (December 2022 to December…
We congratulate Bank of Uganda, Ministry of Finance Planning and Economic Development, and Financial Sector Deepening Uganda upon launching Uganda's National Financial Inclusion Strategy II 2023-2028. @NIRA_Ug @UgMicrofinAuth @IraUganda @CmaUganda @ThefiaU @fsduganda @mofpedU
Join us today as we launch the groundbreaking Financial Inclusion Strategy for Uganda, in collaboration with @BOU_Official @fsduganda and other key partners. This strategy aims to revolutionize access to financial services, empowering communities and fueling economic growth.
PRAU's hosting the #EAPRW2023 Summit, 6th-10th Nov '23. PR professionals from across the continent shall discuss important topics like AI, crisis management, & sustainability. Don't miss the PRAU Excellence Awards & networking opportunities. Let's shape the future of PR together!
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