Uganda
I&M records a 33pc rise in profit in first half of 2021
Regional Financial Services Group, I&M Group PLC has announced an increase of 33 per cent after-tax profit for its 2021...
Jubilee Holdings posts Sh5.2bn net profit in six months to June
East Africa’s largest insurer, Jubilee Holdings Limited has announced a Profit Before Tax of Sh5.206 billion, representing an increase of...
Sour milk levies threaten EAC trade ties
Looking at the bigger picture, speculations are that the milk and milk product levies and taxes are designed to lure...
How EABL sustained profitability despite devastating pandemic
According to the brewer, profit after tax for the period declined 1 per cent to Sh7 billion mainly impacted by...
EAC states approve plan to revive tourism
A plan seeking to revive tourism in East Africa has been approved, following the negative impact of the coronavirus pandemic...
Uganda: Making Money On Covid-19 Patients
If death could be bribed, the rich men would never die, this old African saying has come to life as...
President Museveni’s 6th term: What does it mean for the regional business community?
The ceremony was attended by local and regional dignitaries – heads of states, ministers, heads of diplomatic missions and international organizational heads. H.E. Museveni in...
Uganda’s power qualms: Can excess output mean boost of economy?
Ugandan politics are suffering from a very common ailment, a viral disease that plagues most all of Africa’s young democracies...
Uganda’s Umeme secures $70m loan for investment
Uganda's Umeme has secured a $70 million syndicated loan from the International Finance Corporation (IFC), Dutch Development Bank (FMO), Standard...
Uganda Development Bank unveils $500 million plan for lending
Uganda Development Bank (UDB) unveiled a four-year strategic plan of $500 million to provide long-term financing to the private sector....
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