Finance & Banking
-
Standard Chartered Bank Uganda launches international banking
KAMPALA, February 27, 2024 – Standard Chartered Bank Uganda has today launched its International Banking [IB] product offering. Through IB, the Bank will now offer its clients access to global banking products…
Read More » -
Parliament: legislators’ pension scheme to reduce investments in Kenya
KAMPALA, February 24, 2024 – The Parliamentary Pension Scheme [PPS] is considering a reduction of the scheme’s equity investments in Kenya in favour of the stable home market. This was revealed yesterday…
Read More » -
Minister urges women entrepreneurs to embrace GROW project
MBALE, February 23, 2024 – The Minister of State for Gender, Labour, and Social Development in charge of Disability Affairs, Hellen Grace Asamo has urged women entrepreneurs to embrace Generating Growth Opportunities…
Read More » -
Unlocking Africa’s AI potential
CAPE TOWN, February 22, 2024 – In 2024, Africa stands at the precipice of an Artificial Intelligence [ AI ] revolution. With a projected market size of US$ 18.33 billion by 2030,…
Read More » -
Africa dominates list of world’s 20 fastest-growing economies in 2024-report
KAMPALA, February 19, 2024 – Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook [MEO]…
Read More » -
Malnutrition affecting over 80mln children in Africa, experts warn
ADDIS ABABA, February 19, 2024 – Africa’s children are paying a huge price for malnutrition, a high-level round table convened by the African Union and African Leaders for Nutrition Champion heard Friday…
Read More » -
Uganda takes first step to embedding circular economy model into national strategy
KAMPALA, February 7, 2024 – Uganda has taken a major step towards creating a circular economy to drive sustainable growth and green industrialisation in line with its Vision 2040 national agenda. With…
Read More » -
BoU, DPF to start paying EFC Uganda depositors next week
KAMPALA, January 24, 2024 – Depositors of EFC Uganda are to be paid by the Bank of Uganda [BoU] and the Deposit Protection Fund of Uganda [DPF] after the lender had its…
Read More » -
Nigerian lender to acquire 80 percent stake in Finance Trust Bank
KAMPALA, January 23, 2024 – Nigerian business group, Access Holdings has announced that its flagship subsidiary, Access Bank PLC (Access Bank) has entered into a definitive agreement with Uganda’s Finance Trust Bank…
Read More » -
Investor Patel acquires 1.29 stake in Co-operative Bank of Kenya
NAIROBI, January 22, 2024 – Kenyan tycoon Baloobhai Patel has acquired a 1.29 percent stake in Co-operative Bank of Kenya after buying an extra 20.5 million shares worth Ksh 232mln. Patel, whose…
Read More »