Anne Juuko, the chief executive of Stanbic Bank Uganda, has been appointed as the regional head for global markets, East Africa, at the Standard Bank Group effective 1 April
Ratings supported by favourable medium-term growth prospects and macroeconomic stability, but constrained by weak governance and budget and current account deficits
The board of Quality Chemical Industries Limited, wishes to inform shareholders and the general public of the resignation of the company’s corporate secretary
Stanbic Holdings Uganda Ltd has appointed Grace Semakula, former investor relations manager at power distributor Umeme, as chief executive of its securities and asset management services subsidiary
A surge in services prices, driven by increases in education and restaurant and accommodation services, pushed inflation to its fastest pace in six months in February
Africa cannot rely on the global community to provide adequate funding or debt relief to address its development needs and crises, such as pandemics or extreme weather events
Cipla sold its stake in the drugmaker last November to Africa Capitalworks SSA 3, a Mauritius-based investment vehicle controlled by a South African equity fund
Construction costs rose at the slowest pace in four months in December as prices for inputs used in building construction and building completion and finishing fell
Recent internal instability and external shocks have created a vicious cycle of economic and financial distress in Africa, raising questions about the continent’s ability to shape its own destiny
Anti-Western protests in Kinshasa over the war in eastern DRC allow the government to blame the West after five years of limited progress, at best, in resolving the crisis