Finance, Policy

Bank of Uganda cuts base rate from 10.25% to 10% despite inflation bump

August 9

During mid-week Bank of Uganda (BoU) reduced its Central Bank Rate (CBR) from 10.25 pc to […]

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Financial Services, Investment

Stanbic subsidiary launches unit trust as industry sees assets rise by 20%

July 2

SBG Securities, a subsidiary of the Stanbic Uganda Holdings Limited (SUHL), has unveiled the Stanbic Unit […]

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Business, Companies, Finance

Bitature’s run with lenders hurtles towards an inevitable end

June 25

Options appear to be rapidly diminishing for Ugandan businessman and head Simba Group of Companies, Patrick […]

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Business, Companies, Finance, Financial Services, Trade & Industry

Bank of Uganda pulls the plug on Mercantile Credit Bank

June 18

Banking regulator Bank of Uganda has pulled the shutters on Mercantile Credit Bank MCBL, a small […]

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Business, Finance, Policy, Trade & Industry

CSO’s raise red flags over 2024/25 budget

June 12

Days to the presentation of Uganda’s fiscal plan for 2024/25, activists are concerned that despite an […]

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Finance, Policy

Inflation concerns cause Bank of Uganda to keep base rate at 10.25%

June 6

Bank of Uganda (BoU) is maintaining the Central Bank Rate (CBR) at 10.25pc after the latest […]

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Finance, Investment, Technology & Telecoms

Funding for African tech startups goes into decline during 2023

June 5

Four hundred and six African tech startups raised $2.4 billion during 2023. Although the figure signifies […]

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Finance, Foreign News, Trade & Industry

Korea to ramp up African aid on top of offering $14bn in export credits

June 5

The President of Korea, Yoon Suk Yeol said their country will bolster its official development assistance […]

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Finance, Opinion, Policy

Kenya’s President Ruto spotlights IMF weaknesses amidst African distress

June 4

For over eight decades, the International Monetary Fund (IMF) has stood as a pillar of global […]

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Investment, Opinion, Policy, Technology & Telecoms

Developing countries can use AI to leapfrog into the future

June 4

Artificial Intelligence (AI) is transforming our world, and its potential to reshape development, especially in emerging […]

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