Business news

October 18, 2019

BoU report confirms dfcu Bank will exit Meera Investment properties

By Our Reporter DFCU Bank is in preparations to exit 48 properties that belong to Meera Investments Limited, Bank of Uganda (BoU), the regulator of the […]
October 17, 2019

Uganda’s forex reserves jump 2.56 percent

By Our Reporter Uganda’s foreign exchange reserves as of June 30, 2019 rose 2.56 percent to about US$3.3 billion, equivalent to 4.2 months of import cover […]
October 17, 2019

Ugandans can now use farm produce and electronics to borrow from banks

By George Mangula The Uganda Registration Services Bureau (URSB) has operationised the Security Interest in Moveable Property System (SIMPRS), according to the agency’s top executive. “We […]
October 15, 2019

Oil Industry stakeholders congratulate “Africa Oil Man of the Year” Macky Sall on taking bold steps to develop Senegal’s hydrocarbons industry

By Our Reporter The African and global energy sector is rallying behind President Macky Sall’s efforts to develop his country’s oil & gas industry, which are […]