Business
COVID-19 Presents The Right Time To Invest In Long Term Assets
By Denis Jjuuko A major business transaction in Uganda’s oil industry was recently announced but it didn’t create the attention...
IMF Executive Board Approves a US$491.5 Million Disbursement to Uganda to Address the COVID-19 Pandemic
The Ugandan economy is severely affected by the COVID-19 pandemic. To address the urgent balance-of-payments and fiscal needs, the IMF...
Fearless! Kenyans Resume Work As COVID-19 Cases Soar
More Kenyans across the country have started going back to work in the past week, a new report has revealed....
Uganda’s Business Conditions Deteriorate In April Following Lockdown Measures – Report
The Stanbic Purchase Managers Index (PMI) survey report for April shows there was deterioration in business conditions following the lockdown...
BoU: Tropical Bank Is Now Well Capitalized
The Bank of Uganda has revealed that Tropical Bank Limited is well capitalized after its shareholders injected Shs3.8bn into the...
Lives At Stake As Floods Fill Lake Victoria To Record Levels
East Africa’s Lake Victoria, the continent’s largest freshwater lake, has seen its shores rise to record levels, submerging businesses, homes...
Troubled Tropical Bank Losses Increase By 314% To Shs24bn In 2019
Tropical bank turnaround isn’t about to happen. The troubled financial institution continues to post losses. Tropical bank 2019 financial results...
Vision Group In Massive Salary Cuts Over COVID-19 Impact
It is a public secret that COVID-19 pandemic is having far reaching effects on companies across the world. However, it...
World’s Richest Are Waiting For Stocks To Drop Further Before Buying
The majority of the world’s wealthiest investors are waiting for stocks to drop further before buying again, on concerns about...
Uganda Bags Shs174.5bn From Coffee Exports In March
Uganda’s coffee exports in March 2020 amounted to 477,561 60-kilo bags worth $45.87M (Shs174.5bn), Uganda Coffee Investment Authority (UCDA) monthly report has...
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