Business

Stanbic lowers prime lending rate

In response to the October monetary policy statement by the Bank of Uganda (BoU), Stanbic Bank has reduced its Prime Lending Rate (PLR) from...

Seven rules for innovations that produce dominant players

By Martin Zwilling Innovation doesn’t always make you a winner in business. In my role as an angel investor in startups, almost every pitch I see...

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...

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