Politics
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BoU approves sale of Standard Chartered’s wealth and retail banking business to Absa
KAMPALA, May 30, 2026 — The Bank of Uganda [BoU] has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking [WRB] business to Absa Bank Uganda Limited, marking a…
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Brazil’s Aurora Coop in need of additional 11,000 workers to produce slightly less than today
BRASILIA, May 30, 2026 — Aurora Coop, considered the largest meat cooperative in Brazil, estimates it would need to hire an additional 11,000 workers on top of the current 51,000 just to produce…
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AM2026: AfDB 2025 Trade Finance Report highlights resilience of African financial institutions after Covid-19
BRAZZAVILLE, May 30, 2026 — The fifth edition of the African Development Bank’s [AfDB] Trade Finance Report paints a picture of resilient African financial institutions in the post Covid-19 years, despite a…
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Uganda boasts of more than 40,000 primary schools — UBOS census
KAMPALA, May 29, 2026 — Uganda has a total of 43,567 primary schools, according to the Baseline Education Census [BEC] 2025 Report released by the Uganda Bureau of Statistics [UBOS]. The report…
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Global Economic Outlook Hangs in Balance Between Geopolitical Headwinds and AI boost, Chief Economists Warn
GENEVA, May 29, 2026 – The global economic outlook has deteriorated sharply in recent weeks, according to the latest edition of the World Economic Forum’s Chief Economists’ Outlook, published on Thursday. Nearly nine in…
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2026 Annual Meetings: African DFIs unite in support of Mission 300
BRAZZAVILLE, May 29, 2026 — Senior African finance leaders attending the African Development Bank Group’s [AfDB]Annual Meetings in Brazzaville have called for coordinated action to unlock an estimated US$ 250 billion in…
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Banking behemoths dominate the 20th edition of the African Banker Awards
BRAZZAVILLE, May 29, 2026 — The 20th edition of the African Banker Awards, which were held Tuesday night at the Kempinski Hotel in Brazzaville Congo, on the sidelines of the African Development…
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Karamoja wheat farmers appeal for subsidised irrigation equipment amid erratic weather patterns
MOROTO, May 29, 2026 — Farmers across the Karamoja sub-region have appealed to the government for urgent intervention through the provision of subsidised irrigation equipment, as erratic weather patterns threaten the success…
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Markets, bars in Kikuube suspended over Ebola outbreak
KIKUUBE, May 28, 2026 — Authorities in Kikuube district have suspended the operation of local markets and bars in an effort to contain the spread of Ebola, which is currently causing concern…
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Karamoja leaders urged to support government development programmes
KOTIDO, May 28, 2026 — In a deliberate move to ensure that billions of shillings allocated to government wealth-creation initiatives translate into tangible transformation, Maj. Martha Asiimwe, Head of the Resident District…
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