Russia-Ukraine war
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East Africa
EAC tables over US$ 103.8mln budget for 2023/2024 financial year
ARUSHA – The East African Community [EAC] has tabled before the East African Legislative Assembly [EALA] the budget estimates for the 2023/2024 financial year [FY] totaling US$ 103,842,880. Tabling the budget speech…
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International
Tourism on track for full recovery as new data shows strong start to 2023
KAMPALA-International tourism is well on its way to returning to prepandemic levels, with twice as many people travelling during the first quarter of 2023 than in the same period of 2022, according…
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Africa
AfDB welcomes Banga’s confirmation as World Bank boss
ABIDJAN– African Development Bank [ AfDB ] President Dr. Akinwumi Adesina has congratulated former MasterCard CEO Ajay Banga for his election as head of the World Bank Group, saying he looks forward…
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East Africa
Stanbic bank profit up by 12%
KAMPALA – Uganda’s biggest bank by assets Stanbic saw its profit before tax rise up by 12% to Shs 359.6 billion in 2021 from Shs 320.7 billion previously. The lender said in…
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