The shilling was in a risk off trade as foreign institutional investors continued to reduce their exposure to riskier assets. The currency tested the 3900 level and later retreated to…
PostBank Uganda, a financial institution that is committed to empowering lives and transforming livelihoods, has launched its new smart ATMs in a bid to get more Ugandans financially included through…
Absa Bank Uganda yesterday announced a donation worth UGX60 million to the Uganda Red Cross Society to cater for the purchase of shelter kits to provide temporary shelter and basic…
KCB Group Plc has entered into a definitive agreement with shareholders of Trust Merchant Bank (TMB) to acquire a majority stake in the Democratic Republic of Congo (DRC)-based lender. The…
By Felix Bob Ocitti Climate change is a global problem facing the human race from every part of the world without exception. This is due to human activity that has…
Increasing inflationary pressures dented private sector business activity during July as the headline Stanbic Purchasing Managers’ Index (PMI) dipped below the threshold 50.0 no-change mark for the first time this…
By Dozith Abeinomugisha, Director Midstream, PAU Benjamin Ariho, Senior Petroleum Officer, Refining, PAU Energy is one of the key drivers of economic growth and development world over. Overcoming energy poverty…
Kaspersky analysis has revealed that attacks related to data loss threats (phishing and scams/social engineering) increased significantly in Africa in Q2 2022 in comparison with the previous quarter. The company’s…
Kenyan President Uhuru Kenyatta on Monday commissioned the Kisumu Railway Station, expressing optimism that the rail transport will boost Kisumu’s status as an economic hub in the western region. Kenyatta…
By Michael Jjingo As inflation hikes, price rises are particularly hitting at lowest income households and SMEs with very already tight budgets. well, this is not only evident in the…
