Uganda ranks fourth in Absa’s markets index, held back by pensions and depth Uganda is the only one of 26 African countries scored in both years to lose ground in Absa's financial markets index since 2022, as Kenya and Ghana close in
AU-backed rating agency seeks $15mn for two-thirds of itself AfCRA's only shareholder is run by its interim chief executive, and its prospectus implies a $22.5mn value for the agency
Shilling opens past Shs4,150 as Bloomberg reports offshore selling of bonds The shilling has lost 12.8 per cent this year, and Absa and Alpha Capital Partners name offshore selling, corporate dollar demand and energy costs
Airtel Money skips African exchanges for London Airtel Money, valued at $7bn, listed in London while Uganda, its second-largest market, has an exchange worth less than the company itself
