Business

More banks under watch of the Central Bank

Business
On the fateful day of October, 20 2016, the Bank of Uganda took over the management of Crane Bank, saying it was significantly undercapitalized...

Radio and Weasel open new online radio station

Business
Your music is not playing on radio? Well, musicians Mowzey Radio and Weasel might be having 99 problems but this ain't one of them. The...

Youthful Madagascar entrepreneur wins US$25,000 continental prize

Africa
African Leadership Academy and The MasterCard Foundation have announced Heritiaina Randriamananatahina, 22 year old agriculture entrepreneur from Madagascar, as this year’s winner of the...

Stanbic Bank reduces prime lending rate

Business
Stanbic Bank Uganda has for the fourth time this year reduced its prime lending rate by 100 percentage points, from 22 per cent to...

BoU rejected our investors – Crane Bank

Business
The Central Bank last week took over the management of the third biggest bank in the country, Crane Bank, saying it poses a systemic...
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