Business

Local banks tighten credit standards to enterprises in first quarter of FY 2019/20

In the first quarter of FY 2019/20, local commercial banks tightened credit standards on loans to enterprises contrary to the easing observed in the...

Africa: Urgent action needed to mobilise domestic resources as tax revenues plateau

The average tax-to-GDP ratio for the 26 countries participating in the new edition of Revenue Statistics in Africa was unchanged at 17.2 percent for...

Standard Chartered unveils Coffee Banking

Standard Chartered Bank Uganda has today unveiled Coffee Banking, a concept which enables clients to enjoy premium coffee while banking. This is the first...

African Energy Chamber set to release the much awaited 2020 Africa Energy Outlook

The African Energy Chamber will be issuing this month its first Energy Outlook for 2020, in times when the global energy industry is going...

Boeing’s 737 loses title of world’s most popular jet to Airbus’ A320

The European plane maker Airbus has just got ahead of its American rival, with its A320-family aircraft seizing the title of the world’s best-selling...

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