Business Archives - Page 7 Of 18

Uganda Secures $252.83m Loan From African Dev’t Bank To Construct Roads

adminDecember 5, 2023

by adminDecember 5, 2023

By Caroline Kanshabe Works will encompass complementary social projects aside from the primary developments. The African Development Bank Group(AfDB) has granted a $252.83m loan to...

Ronald Makata Takes Over As New Chief Finance Officer For Stanbic Bank

adminDecember 4, 2023

by adminDecember 4, 2023

By Frank Kamuntu Ronald Makata has been named new Chief Finance and Value Management Officer for Stanbic Bank Uganda replacing Abraham Ongenge who has since...

Latest Rankings: African Cities With The Lowest Purchasing Power

adminDecember 4, 2023

by adminDecember 4, 2023

By Caroline Kanshabe A low purchasing power has far-reaching ramifications. Numerous African countries face challenges associated with low purchasing power, reflecting various economic and social...

World Bank Cuts Down Somalia’s Economic Projection And ‘Water’ Is The Odd Cause

adminDecember 4, 2023

by adminDecember 4, 2023

By Caroline Kanshabe This information was relayed via the bank’s latest edition of Somalia Economic Update, as seen in the East African news publication, The...

Speke Resort Convention Centre To Be Handed Over To Summit Organizers By January 10th, Says Dr Sudhir

adminDecember 4, 2023

by adminDecember 4, 2023

By Frank Kamuntu City billionaire and Ugandan Consul to Nepal, Dr.Sudhir Ruparelia has confirmed that the multibillion Speke Resort Convention Centre, the host of the...

British Banks Expect Another Strong Rise In Mortgage Business In Q3

adminDecember 3, 2023

by adminDecember 3, 2023

By Frank Kamuntu The Bank of England’s survey found an improved economic outlook had also boosted demand for corporate credit in the second quarter. Lenders...

Business Talk: How Is A Credit Union Different From A Bank?

adminDecember 3, 2023

by adminDecember 3, 2023

By Frank Kamuntu A credit union is a not-for-profit financial institution that accepts deposits, make loans, and provides a wide array of other financial services...

Money Deal! Here’s How Insurance Companies Make Billions Of Dollars Through Assuming Risks

adminDecember 3, 2023

by adminDecember 3, 2023

By Caroline Kanshabe Insurance companies base their business models around assuming and diversifying risk. The essential insurance model involves pooling risk from individual payers and...

Rankings: Top 20 African Countries On Risk Of Losing Their Resources Over Excessive Loans

adminDecember 3, 2023

by adminDecember 3, 2023

By Frank Kamuntu Investopedia defines debt-to-GDP ratio as an important metric used by economists to compare a country’s gross national debt/loans to its gross domestic...

Full Analysis: Why Court Ordered DFCU To Pay Sudhir Ugx2.4 billion & Return All His Properties

adminDecember 2, 2023

by adminDecember 2, 2023

By Frank Kamuntu A declaration that there are no valid leases in respect of the properties. The said leases are therefore declared to be invalid...