Business

REVEALED: Dfcu Bank in search of new Chairman to replace Jimmy Mugerwa

Business
After the departure of Jimmy D. Mugerwa to Tullow Oil plc in London only in August, emerging reports indicate that Dfcu Bank is on...

Nairobi to host two-day forum to increase the impact of banking and microfinance in EA

Business
    Nairobi will this week host the EIB Eastern Africa SME and Microfinance Banking Forum.  The event, being held for the second time in the...

Commercial bank rates come down to 20% in 2019-BoU report

Business
    In the financial year (FY) 2018/19, the shilling denominated lending rates declined to an average of 20 per cent, relative to 20.3 per cent...

The World Economy: Synchronized Slowdown, Precarious Outlook

Business
By Gita Gopinath   The global economy is in a synchronized slowdown and we are, once again, downgrading growth for 2019 to 3 percent, its slowest pace...

MTN tops URA tax payer list for 2018/19

Business
Africa's telecommunication giant, MTN-Uganda has emerged as the biggest tax payers according to the latest ratings by the tax collector, Uganda Revenue Authority. Sources...
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