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 ...
06 Apr, 2026, 12.43 PM IST
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...
29 Nov, 2024, 12.36 AM IST
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...
22 Jan, 2024, 09.31 AM IST
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...
08 Nov, 2023, 09.37 AM IST
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...
29 Aug, 2023, 06.35 PM IST
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. ...
29 Aug, 2023, 03.01 PM IST
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...
27 Sep, 2022, 10.49 AM IST
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...
28 Nov, 2021, 08.51 AM IST
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...
08 Apr, 2021, 04.13 PM IST
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...
19 Jul, 2019, 08.37 PM IST
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...
22 Jun, 2015, 11.02 AM IST
- Bharti Airtel launches Airtel Money in Uganda
The service will provide Airtel customers in Uganda easy access to innovative financial services through mobile phones.
01 Feb, 2012, 05.44 PM IST
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.
17 Apr, 2011, 07.33 AM IST
- Standard Chartered expects India to grow at 7% for next decade
There are also concerns of short-term crises, where the report puts India at par with five African economies like Uganda and Mozambique.
14 Apr, 2011, 03.14 AM IST
- Essar to buy Dhabi’s African telecom biz
The 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...
16 Nov, 2009, 12.15 AM IST
- Essar looks to rope in UAE co for African venture
In a bid to expand its African footprint, the Essar Group has entered into “exclusive” discussions with the UAE’s Dhabi Group, an investmen...
20 Jul, 2009, 12.30 AM IST
- EXIM bank to provide credit for exports to African countries
Export-Import Bank of India will provide credit totaling 15 million dollars for exports from India to African countries such as Burundi, Et...
12 Dec, 2007, 09.01 PM IST