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, Companies

Forex uncertainties hurt MultiChoice earnings amidst subscriber dip

June 13

MultiChoice Group, the Johannesburg-based multinational pay-tv company, saw subscriber numbers dip during the financial year ending […]

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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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Business, Companies, Infrastructure, Transport, Travel & Tourism

Kiira Motors reveals expanded product portfolio

June 9

Uganda’s automotive industry pathfinder Kiira Motors Corporation (KMC) – has expanded its product offering to the […]

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Business, Companies

Ugandan private sector makes further gains in May despite rising costs

June 6

Back-to-back expansions in both business activity and new orders resulted in Ugandan firms seeing a further […]

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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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Business, Companies, Transport, Travel & Tourism

African airlines return to profitability as global outlook improves for 2024

June 3

African carriers are looking at improved prospects, posting a profit for the second consecutive year in […]

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Foreign News, Investment, Renewable, Trade & Industry

African Heads of state head to South Korea next week for Summit talks

May 29

The Republic of Korea is following in the footsteps of other leading industrialized nations, by inviting […]

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Business, Financial Services, Investment

Trading leads as main source of income for Ugandans

May 29

The purchase of land, farming activities and running a business continue to be the predominant investment […]

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Finance, Financial Services

New leadership for bankers’ umbrella as total assets top $12 billion

May 29

Total assets of Uganda’s banking industry have increased by 8% from UGX45.8 trillion (about $12 billion) […]

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