Business

Finding new ways to lend more to health SMEs in Africa

Home to 15 per cent of the world’s population, Sub-Saharan Africa receives just 1 percent of global expenditure on healthcare. Governments in the region...

South Africa ex-ambassador seized over MTN dealings

South African police arrested a former ambassador to Iran on corruption charges related to the award of a mobile-phone license to MTN Group Limited....

Uganda’s economy to expand at 6.3% in 2018/19, says IMF

Uganda’s economy is expected to grow 6.3 per cent in the 2018/19 fiscal year, slightly higher than the 2018 rate of 6.1 per...

IMF puts gov’t on spot for not adhering to approved budgets as current expenditure escalates

The staff of the International Monetary Fund (IMF) who were on the recent mission to Uganda have accused government of deviating from approved budgets,...

Tullow oil to receive $100m on its farm-down to CNOOC and Total

Tullow Oil Plc expects a cash payment of US $100 million on its farm-down to CNOOC and Total, according to Paul McDade, Chief executive...

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