Business

Developing Africa’s financial markets: Priorities to attract greater foreign investment

By Danae Kyriakopoulou Between 2005-15 economies in Africa expanded by 50%, more than double the global average for the period, according to International Monetary Fund...

Speke Resort Munyonyo offers friendly Christmas rates

Speke Resort Munyonyo, Uganda’s topmost hotel has given its esteemed clients cheaper accommodation rates to enjoy the Christmas season to the fullest, with the...

Uganda’s banking sector stable – BOU Deputy Governor

The Deputy Governor, Bank of Uganda Dr. Louis Kasekende has said the local banking industry is not close to suffering a systemic crisis. “Bank failures...

Sugar prices to go below Shs4, 500 – Kyambadde

As Ugandans begin the Christmas season shopping, the average price for a kilogram of sugar in Uganda currently stands at Shs4, 500 and is...

Umeme invests Shs18 trillion in countrywide distribution upgrades

Umeme has this year invested over Shs18.5 trillion (US$500m) in the distribution network and the restoration and expansion of the grid line for effective, reliable...

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