Business, Finance, Financial Services, Investment

UDBL impact lending results in $80m profits for targeted companies

July 8

The impact of Uganda Development Bank Limited (UDBL) financing to selected enterprises during 2021 has resulted […]

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Policy

Bank of Uganda raises key interest rate to help cushion economy

July 6

The Bank of Uganda Monetary Policy Committee (MPC) raised the Central Bank Rate (CBR) by one […]

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Business, Finance, Financial Services

Goldmine Finance offers quick-fix loans up to UGX1,000,000

July 4

Goldmine Finance has introduced the Goldmine Mobile Loan, a web app that allows potential borrowers easy […]

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Business, Finance, Financial Services, Investment

Stanbic Bank joins Prudential Uganda to offer new insurance package

June 22

Starting at UGX600,000, (about $166), Stanbic Bank Uganda customers can buy for themselves and loved ones […]

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Finance, Hydrocarbons, Investment, Policy

Fitch raises Uganda’s credit rating from negative to stable

June 22

Fitch Ratings, the international credit agency, has revised the Outlook on Uganda’s Long-Term Foreign-Currency Issuer Default […]

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Finance, Financial Services, Investment

Beyond Capital Ventures picks interest in Uganda’s XENO fintech

June 22

Impact venture capital firm, Beyond Capital Ventures, is the lead investor in the $2 million seed […]

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Finance, Policy

IMF cautions borrowers on accountability for Covid-19 emergency funds

June 22

African governments that have borrowed from the International Monetary Fund (IMF) to limit the adverse effects […]

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Investment

Rwanda to begin Covid-19 vaccine exports early next year

June 22

President Paul Kagame is to officiate at the ground-breaking ceremony for the BioNTech manufacturing plant in […]

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Business, Finance, Financial Services, Travel & Tourism

Uganda Development Bank provides relief for struggling tourism sector

June 11

Close to half of the applicants in the tourism industry who sought financial relief from the […]

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Business, Markets, Trade & Industry

Standard Bank launches new Africa Trade Barometer index

June 10

Johannesburg-based Standard Bank has launched a new index that will monitor trade developments across the continent […]

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