Companies, Finance, Financial Services

Big fish in small pond Stanbic notches up $100m profit for 2023 topping previous figure by 15%

March 25

Stanbic Uganda Holdings Limited (SUHL), a franchise of the Standard Bank Group—Africa’s largest commercial lender by […]

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Business, Foreign News, Trade & Industry

Uganda, Nigeria explore deeper economic cooperation

March 21

Uganda and Nigeria hope to widen avenues for economic cooperation during this year’s edition of the […]

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Business, Companies

CAA grants Uganda Airlines Approved Maintenance Organisation certificate

March 21

Flag carrier Uganda Airlines can now carry out certain maintenance tasks on its fleet in-house, following […]

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Business, Companies

Safaricom taps Onafriq to power Ethiopia remittances

March 21

M-PESA Safaricom has signed an agreement with African digital payments network Onafriq, to facilitate international remittances […]

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Business, Financial Services

Inaugural event sets agenda for supporting women-owned businesses

March 15

The Uganda Development Bank Limited (UDBL) in partnership with the Uganda Women Entrepreneurs Association Limited (UWEAL) […]

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Business, Companies, Financial Services

Standard Bank Group reports $2 billion earnings up 27% from 2022

March 15

Standard Bank Group recorded headline earnings of R42.9 billion (about $2.3 billion) for the 12 months […]

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Business, Companies

Nile Breweries snags silver in employer of the year (EYA) awards

March 13

Uganda beverage company Nile Breweries (NBL took the silver home in this year’s edition of the […]

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Business, Companies, Markets, Technology & Telecoms

Chinese brands strengthen hold on African smart phone market in 2023

March 12

Chinese brands dominated the African market as latest figures showed shipments to the continent grow 12.5% […]

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Markets

Global beverage prices reach 13-year high amid concerns over supplies

March 12

The World Bank’s beverage price index reached a 13-year high in February 2024 month-on-month (m/m), driven […]

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Business, Companies

Private sector index eases off due to higher input prices during February

March 12

Higher prices for fuel, materials and utilities during February resulted in an increase in overall input […]

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