Financial
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ESAFF Uganda transforming lives of small-scale farmers
KAMPALA, June 3, 2024 – The Eastern and Southern African small-scale farmers [ESAFF] Uganda is impacting the lives of a good number of small-scale farmers, according to the 2023 impact report published…
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United Bank for Africa: Shareholders approve payment of N78.7 billion dividend
LAGOS, June 3, 2024 The shareholders of the United Bank for Africa [UBA] Plc, have congratulated the Board of Directors, management and staff of the Bank for the impressive performance recorded over…
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EAC launches free online professional tourism courses to enhance regional capacity
ARUSHA, June 31, 2024 – Tourism practitioners in the region can now enhance their skills and expertise through a comprehensive suite of professional courses following the launch of the East African Community…
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Mbarara City approve Shs 51.4bln budget for next financial year
MBARARA CITY, June 2, 2024 – Mbarara City has approved a total budget of Shs 51,475,161,000 for the financial year [FY] 2024/2025, which is slightly higher than Shs 39.3 billion for the…
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Govt to name and shame Emyooga defaulters on radios
BUKWO, May 30, 2024 – The State Minister for Finance for Microfinance, Haruna Kyeyune Kasolo has revealed that the government will start naming and shaming Emyooga fund defaulters on radio stations, saying…
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Ethiopian coffee is threatened by European deforestation regulations
PARIS, May 30, 2024 – The export of Ethiopian coffee, a major source of foreign exchange for the country, is facing severe threats from European Union [EU] regulations aimed at combating deforestation…
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Amach Banana Producers and Seed Marketing SACCO reaping big from business
LIRA, May 30, 2024 – Members of Amach Banana Producers and Seed Marketing SACCO Limited in Lira district are making good money out of growing bananas, and other crops. Patrick Olobo, the…
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Agreement to expand American Express acceptance in Sub-Saharan Africa signed
NAIROBI, Kenya, May 30, 2024 – American Express and Ecobank Group, the leading pan-African financial services Group, announced an agreement to significantly expand American Express Card acceptance in 21 countries in Sub-Saharan…
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Multilateral finance institutions win big at African Banker Awards 2024
KAMPALA, May 29, 2024 – The most prestigious event in the African banking calendar, the African Banker Awards Gala Ceremony 2024, took place last night at the JW Marriott Hotel in Nairobi,…
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Chief economists: The economic outlook is brightening but political risks loom large in 2024
KAMPALA, 29 May 2024 – The latest Chief Economists Outlook released today presents a growing sense of cautious optimism about the global economy in 2024. More than eight in ten chief economists expect…
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