Business, Companies, Financial Services

A friend in need? Stanbic extends loan relief to Covid-19 stressed borrowers

April 9

Ugandan lender Stanbic has revealed a range of packages to lessen the burden on borrowers whose […]

Read more
Business, Finance, Financial Services, Markets, Policy

Bank of Uganda walks the high-wire amidst Covid-19 disruptions

April 8

Uganda’s central banker has moved to lower the cost of capital with an eye on the […]

Read more
Business, Companies, Transport

Ethiopian Airlines denies layoffs amid $550m loss

April 8

Ethiopian Airlines, Africa’s biggest and most profitable carrier, has denied laying off all of its workers […]

Read more
Business, Companies, Finance

Stanbic donates UGX 100m to help battle Covid-19 in Uganda

April 7

Stanbic Bank Uganda has joined a cross section of the private sector in contributing towards the […]

Read more
Business, Companies, Finance, Financial Services

Fitch downgrades Stanbic Bank Kenya after parent losses

April 7

Fitch Ratings has downgraded Stanbic Bank Kenya (SBK) after its Johannesburg-based parent, Standard Bank Group (SBG), […]

Read more
Business, Foreign News, Policy

IMF boss says global economy coming to standstill

April 4

Participating on Friday by teleconference during a World Health Organisation briefing, Kristalina Georgieva, the International Monetary […]

Read more
Business, Companies, Markets

Business confidence in Uganda slumps as PMI drops below 50

April 4

The global coronavirus pandemic has sent Uganda’s private sector confidence plummeting in March as the latest […]

Read more
Business, Policy, Trade & Industry

Regional governments agree on new cargo transit rules

April 1

East African Community (EAC) ministers responsible for health have agreed on the measures to limit the […]

Read more
Business, Companies, Financial Services

Stanchart pulls branch network in wake of Covid-19 disruptions

April 1

Ugandan lender Standard Chartered has suspended services at four of its seven branches, referring customers to […]

Read more
Business, Companies, Infrastructure, Transport

Uganda grapples with Airbus A330 deliveries

March 28

Uganda Airlines is weighing options for the delivery of its A330 fleet, in the wake of […]

Read more