Business

Uganda’s trade deficit narrows 39.3 per cent in May

Business
Uganda’s merchandise trade deficit narrowed by 39.3 per cent in May 2018 to US $131.0 million from US $215.8 million recorded in April 2018,...

Crane Bank sale haunts BoU and DFCU Bank top managers

Business
The Bank of Uganda (BOU) liquidated Crane Bank in 2016 and controversially sold it in January 2017 to DFCU Bank but the controversial transaction...

Bankers’ conference to focus on stability of financial institutions

Business
Uganda Bankers Association (UBA) is set to hold the second Annual Bankers Conference (ABC) 2018 under the theme: Financial Sector Stability: Managing Risk in...

DFCU Bank top executive resigns, poised to take over management of rival

Business
Resignations and shareholder exits continue to wreck DFCU Bank, with the latest top executive to hand in his resignation letter being William Sekabembe, who...

Sadolin paint, the people’s, dealers’ money maker

Business
Ugandans have in the past two decades witnessed the emergency of a number of different paint manufacturing companies which has created stiff competition in...
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