African headlines often praise fintech as solving the continent’s economic problems, but some political economists and social theorists challenge this narrative
Uganda’s merchandise trade deficit with the rest of the world fell to its lowest level in 35 months in January, helped by a sharp drop in imports of unrefined gold
On 6 March 2024, a special meeting of the Bank of Uganda’s Monetary Policy Committee increased the Central Bank Rate to 10 per cent
The Central bank raised its key interest rate at an emergency meeting to stem a “sharp depreciation” of the shilling caused by offshore investor outflows and in the wake of resurgent inflation
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