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Stanbic Bank
Stanbic Bank

Business

Australian firm launches rights issue to raise Shs11.8b for Busumbu and Bukusu mines

Australian company, Black Mountain Resources Limited is to spend much of the month of May trying to convince its shareholders to participate in a...

Foreign lenders give Shs177.3b to SCOUL

Sugar Corporation of Uganda Limited (SCOUL), the third largest sugar plant in Uganda, recently received €40 million (about Shs177.3 billion) from France’s Proparco to...

WB official urges gov’t to improve capacity of URA to collect more taxes

Government must improve the capacity of tax collection agencies like the Uganda Revenue Authority (URA) if it wants to collect more tax revenue, a...

Umeme boosts industrialization in Tororo district

Tororo district located in eastern Uganda on the border with Kenya has of recent witnessed an increase in the number of industries setting their...

Jumia registers growth in 2017 as products hit 5 million

Jumia registers growth in 2017 as products hit 5 million Leading online eCommerce ecosystem in Africa has registered growth of over 90 per cent...

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