Business

Gov’t in search of new investor to recapitalise UTL

Business
Government is looking a new investor to recapitalise struggling Uganda Telecom Limited (UTL) after Teleology Company failed to raise money to pay the accrued...

Experts urge Comesa partner states to establish Road Funds and Road Development Agencies

Business
Fifteen out of 21 countries in the Common market for Eastern and Southern Africa (COMESA) have established dedicated Road Funds and Road Development Agencies...

NSSF Friends with Benefits show returns as Shs360b is paid out

Business
The National Social Security Fund (NSSF) has announced the return of the award winning Financial Literacy initiative dubbed NSSF Friends with Benefits for the...

BoU keeps key lending rate at 10%, sees faster GDP growth in 2019/20

Business
Uganda’s central bank –The Bank of Uganda (BoU), held its key lending rate or the central bank rate (CBR) at 10 per cent on...

Standard Chartered Bank courts middle class as it launches new Bancassurance products

Business
Standard Chartered Bank Uganda has commenced offering new insurance services to its middle class clientele in partnership with insurance firm, Sanlam that will underwrite...
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