Business

Top Finance Bank Uganda acquired by Djibouti’s Salaam African Bank

Bank of Uganda has approved the acquisition of Uganda's Top Finance Bank Limited by Djibouti based bank M/s Salaam African Bank. “This is to inform...

MPs, plastic dealers lock horns over $70 tax

Parliament’s Committee on Finance, Planning and Economic Development has officials from Uganda Manufacturers’ Association (UMA) and Uganda Plastic Recyclers Association to negotiate a settlement...

ZTE launches privacy protection brand for its mobile devices

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, has officially launched the privacy protection...

KCB Group to acquire DRC-based lender Trust Merchant Bank

KCB Group Plc has entered into a definitive agreement with shareholders of Trust Merchant Bank (TMB) to acquire a majority stake in the Democratic...

Fuel cost tumbles July business productivity – Stanbic PMI

Increasing inflationary pressures tumbled private sector business activity during July as the headline Stanbic Purchasing Managers’ Index (PMI) dipped below the threshold 50.0 no-change...

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