Business

This is why I&M Bank Uganda is the bank to watch this year and beyond

On 30th April 2021, I&M Group Plc completed the acquisition process of 90 per cent of Orient Bank and consequently renamed the 28-year-old Ugandan...

WorldRemit closing business in Uganda

WorldRemit financial services that deals in international money transfer has announced that it is suspending operations in Uganda. According to the WorldRemit website, the institution...

New jobs, orders rise in April Stanbic PMI

The Stanbic Purchasing Managers’ Index (PMI) rose to 53.9 in April from 51.9 in March on account of further improvement in private sector output...

Minister Kitutu applauds Stanbic Bank for backing women-led enterprises

Minister for Karamoja Affairs and the Woman Member of Parliament for Manafwa District has applauded Stanbic Bank Uganda for its financial and non-financial services...

Standard Chartered Bank’s profit increase 36.9% in 2021

Standard Chartered Bank has released its financials for the year 2021, showing the bank increased its gross profit by 36.9 percent to about Shs123.2...

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