Uganda returns to banks for loans as credit options thin out
According to Uganda's September 2024 debt sustainability analysis report, commercial banks own 12% of the nation's external debt...
Tag : Uganda
Saudi airline Flynas expands African reach with Uganda & Djibouti routes
With plans to buy 160 more Airbus aircraft, including 30 wide-body A330neos and 130 A320s, Flynas signed an agreement to double its fleet during the UK's Farnborough International Airshow in July 2024...
Tide changes as businesses in region make a beeline for Kenyan market
Regional companies are becoming more interested in the Kenyan market...
Infrastructure expenses spike super gasoline costs in Uganda
Uganda President Yoweri Museveni in 2023 attributed Kenya's government-backed gasoline importation agreement's 'middlemen' to the high fuel cost in Kampala...
Start-up of the Week: Chipper Cash continues to dominate Africa’s fintech landscape
Having a free Chipper account will help its African customers to unlock international transfers, payment cards and investing...
Kenya to invest more in oil facilities?
Currently, Kenya does not produce any hydrocarbons, although the country most likely has the potential to become an oil producer after 2030...
MTN Uganda’s IPO official as it floats 4.5 bn shares at $0.06 each
The firm is offering 20% of its share to the public...
Kenyan banking group I&M enters Uganda with Orient Bank acquisition
The group will acquire a 90% stake in Orient Bank from UK-based investment group 8 miles LLP and Morka...
Total’s Uganda and Tanzania oil projects face new challenges
The Tilenga project will have an output capacity of 200,000 barrels per day...
Uganda shows signs of positive economic growth
Moody’s has recently adjusted the country’s strength downwards to ba3 from ba2 stable...