Cipla Quality Chemical Industries drops Cipla as part of name change
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
Uganda Business News
Construction costs slowed in December
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
African countries need to shift from exporting commodities to tapping domestic demand
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
DRC’s anger at West over M23 justified, but government failings understated
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
Africa needs a grand revival plan from the West and China
Africa’s crises have fuelled a surge in migration to Europe unlikely to abate soon unless rapid population growth is matched by improving economic conditions
BMI forecast: Interest rates to fall by 1% by year-end
Research firm says Bank of Uganda will keep policy rate at 9.5% in first half due to rising inflation, but will cut by 1% by year-end as inflation stabilises below target
Exit of Niger, Mali, and Burkina Faso from Ecowas could fuel regional unrest
The three countries left the 15-member Economic Community of West African States after being suspended following military coups that overthrew elected governments
The unchecked power of Africa’s pastors
The last 20 years have seen an unprecedented rise of charismatic Pentecostal prophets in Africa and their unchecked influence on social, economic, and political institutions
Trade deficit in goods narrows in December
Uganda’s merchandise trade deficit narrowed for the fourth month in a row in December as exports continued to grow at a faster rate than imports
Announcement of changes to the board of Bank of Baroda (Uganda) Limited
Tyagi Lalit joins bank’s board as non-executive director