Business, Finance, Trade & Industry

Revenues tail off as Uganda’s projected GDP slashed by nearly half

May 7

Uganda’s GDP growth projection for financial year 2019/20 has been revised downwards to 3.9 percent from […]

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Business, Policy, Transport

Global airlines lobby rejects leaving middle seat empty

May 7

The International Air Transport Association (IATA) does not support mandating social distancing measures that would leave […]

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Finance, Policy

IMF provides emergency $491m to Uganda

May 7

The International Monetary Fund is providing Uganda with $491.5 million to help counter reduced foreign exchange […]

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Business, Companies, Investment, Markets, Trade & Industry

Business sentiment plunges in April as lockdown takes hold

May 6

The national lockdown aimed at limiting the coronavirus pandemic, has plunged the monthly Stanbic Bank Purchasing […]

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Companies, Finance

Lato Milk donates UGX 345 million to fight Covid-19 in Uganda

April 10

Pearl Dairy Farm Limited, the producers of Lato Milk, has donated UGX 345 million to the […]

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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 […]

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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 […]

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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), […]

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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 […]

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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 […]

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