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BANK OF UGANDA
Benjamin Netanyahu, Israel's arch-survivor, set to face voter fury over Iran dealBenjamin Netanyahu's grip on power is weakening. Facing corruption charges and criticism over security lapses, he now confronts voters' jud...- Moderna and other groups get $60 million to develop Ebola vaccineCEPI is investing around $60 million to speed up the creation of vaccines against the deadly Ebola Bundibugyo virus. This funding will supp...
- Charting the global economy: Inflation mounts as war drags onThe Iran war is causing global economic disruption. Inflation is rising, impacting consumers and markets worldwide. The US sees its worst i...
- Gold hoarding by central banks picks pace in February, but Russia remains big sellerGlobal central banks stepped up gold buying in February, led by strong purchases from Poland, China, and several emerging markets, even as ...
- Hackers steal $17 mln from Uganda central bank - state paperOffshore hackers identifying themselves as "Waste" stole 62 billion Ugandan shillings ($16.8 million) from Uganda's central bank by accessi...
- Ugandan President Yoweri Museveni hails role of Indians in building country’s economyReflecting on Uganda's history, particularly the expulsion of Asians, a majority being Indian Ugandans, during Idi Amin's rule, Museveni ac...
- Tycoon Sunil Mittal’s Uganda IPO flops as investors prefer bondsAirtel said it managed to raise 211.4 billion shillings ($56 million) after selling 54.5% of the 8 billion shares on offer. Retail investor...
- Airtel Uganda to raise $216 mn via 20% stake sale in IPOThe Airtel Uganda IPO, reportedly the African nation's biggest share sale, opens Wednesday and closes on October 13. The company's shares w...
- Sunil Mittal’s Airtel plans Uganda’s biggest IPOThe company priced its IPO at 100 shillings apiece valuing the nation’s second-biggest telecommunications carrier at 4 trillion shillings. ...
- Shakti Pumps rises 9% after receiving advances from Uganda GovtShakti Pumps already has the approval of two patents for its unique products out of the already filed 29 patents, giving the company an edg...
- China reportedly takes over Uganda’s airport on account of loan defaultUgandan President Yoweri Museveni had sent a delegation to Beijing for a renegotiation with the Chinese government. Earlier the Museveni-le...
- Uganda says it has signed security agreement with Egypt amid tensions over Ethiopia damAccording to a statement by the Uganda People's Defence Forces (UPDF), the agreement was signed between UPDF's Chieftaincy of Military Inte...
- China's Belt and Road leaves Kenya with a railroad to nowhereConstruction of what was intended to be a flagship infrastructure project for Eastern Africa was halted earlier this year after China withh...
- Higher margins herd Indian dairy companies to AfricaIndian dairy firms are trying to tap opportunities in the East African milk processing markets where demand has surged amid rapid urbanisat...
- Bharti Airtel launches Airtel Money in UgandaThe service will provide Airtel customers in Uganda easy access to innovative financial services through mobile phones.
- Immigration hotspot: Uganda becoming popular with Indian professionals and companiesUnlike most Western countries, Indians can go to Uganda on a tourist visa and then look for a job as new opportunities are emerging.
- Standard Chartered expects India to grow at 7% for next decadeThere are also concerns of short-term crises, where the report puts India at par with five African economies like Uganda and Mozambique.
- Essar to buy Dhabi’s African telecom bizThe Ruia family-owned Essar Group announced that they had clinched a deal with the Dhabi Group to buy a controlling stake in the UAE firm’s...
- Essar looks to rope in UAE co for African ventureIn a bid to expand its African footprint, the Essar Group has entered into “exclusive” discussions with the UAE’s Dhabi Group, an investmen...
- EXIM bank to provide credit for exports to African countriesExport-Import Bank of India will provide credit totaling 15 million dollars for exports from India to African countries such as Burundi, Et...
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