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Stanbic Bank

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IFC okays US$160m refinancing for Bujagali hydropower project

The International Finance Corporation (IFC) of the World Bank is to provide Bujagali Energy Limited (BEL) with a refinancing loan of US$160 million to...

Central Bank urges public to report illegal charges

As tough economic times bite hard, the Bank of Uganda has urged the public to report commercial banks charging higher-than-official-service fees.. "Bank customers who are...

August coffee exports rise, fetch US$47m

Uganda's year-on-year coffee exports increased 43.73 percent to reach 418,340 60-kg bags in August 2017 compared to 291,059 60-kg bags exported in the same...

Daily parking fees for taxis abolished

Government has with immediate effect abolished all daily parking fees for Public Service Vehicles (PSVs) in urban authorities and the Kampala Capital City Authority...

Kadaga commissions paper processing plant

The Speaker of Parliament, Rebecca Kadaga, has launched a paper pilot processing plant at the Uganda Industrial Research Institute (UIRI) in Kampala. Speaking at the...

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