What the World Bank’s aid freeze says about the struggle over funds and sovereignty
Despite its insistence on national ownership of its projects, the World Bank uses its loan portfolio to govern and control its clients
Uganda Business News
Nigeria’s Agusto affirms Shelter Afrique ratings, stable outlook
Nigerian rating agency affirms A (Kenya) and A+ (Nigeria) ratings to Nairobi-based Shelter Afrique Development Bank, which focuses on supporting housing and urban growth across the continent
Airtel IPO slim by Shs588.6bn
NSSF sole institutional investor in the offering, buying 52.75% of the available shares – and 96.9% of total shares sold
Liquid Intelligent Technologies appoints Michael Mukasa as chief
Mr Mukasa replaces Dennis Kahindi, who joined Airtel Uganda in July
Vitol deal long overdue response to high Kenyan fuel prices – Museveni
President says Uganda’s decision to give Vitol exclusive rights to supply fuel was to eliminate exorbitant fees charged by Kenyan middlemen
Private sector activity slowed in October, PMI shows
Business activity in Uganda’s private sector slowed in October as the services, wholesale and retail sectors reported declines, according to a closely watched survey
Mobile money, data drive MTN revenue growth in Q3
MTN Uganda’s revenue for the first three quarters increased by 15.9% compared to the same period last year
AGOA critical to jobs, sustainable growth — Standard Bank
African Growth and Opportunity Act provides critical support for Africa to grow manufacturing and expand markets
Vision Group: Notice of Annual General Meeting
Vision Group will hold its Annual General Meeting on 23 November at its headquarters in a hybrid format (partly physical and partly virtual using electronic means)
Why Uganda is entering exclusive fuel supply deal with Vitol
Uganda’s decision to give the Dutch Vitol Group exclusive rights to supply its fuel was prompted by frustration at being kept in the dark about a similar deal between Kenya and two Gulf states