Latest Business News
September 29, 2020
By George MangulaThe OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million term loan in favor of East African Development Bank (EADB). […]
September 28, 2020
By George Mangula Lending rates on Shilling denominated loans rose to 19.7 percent in the quarter to July 2020 from 18.2 percent in the quarter to April 2020, […]
September 28, 2020
By George Mangula According to the Ministry of Finance, for the third consecutive month, Uganda’s exports receipts increased; as the effects of the COVID19 pandemic lessened. Export receipts increased by 25% to […]
September 18, 2020
By Our Reporter Border Posts are high-risk areas regarding the spread of COVID 19 and other infectious diseases from one country to another. These “Points of […]
September 11, 2020
By Our Reporter A survey commissioned by the Pan-African Private Sector Trade and Investment Committee (PAFRAC) to gauge the private sector view around trade has highlighted […]
September 11, 2020
By George Mangula The Non-performing loan (NPL) ratio for commercial banks in the country rose to 5.8 percent in June 2020 from 3.8 percent registered in […]
September 10, 2020
By Our Reporter A panel of some of Africa’s most promising small and medium-enterprise (SME) agripreneurs gathered online to call for more selective investment, accelerated business […]
September 1, 2020
By Our Reporter The African Energy Chamber on Tuesday held its first meeting with its Local Content Committee, placing local content development at the core of […]
August 11, 2020
By George Mangula The Monetary Policy Committee (MPC) of Bank of Uganda (BoU) has decided to maintain the Central Bank Rate (CBR) at 7 percent for […]
August 9, 2020
By Geoge Mangula Standard Chartered Bank in partnership with Brien Holden Vision Institute (BHVI) has made a donation of Personal Protective Equipment worth Ugx 74 million […]