Uganda Drains Over Ksh 1.2 Billion in Preparations For Pope's Visit
Following Museveni’s visit at Vatican at the tail end of 2014, Uganda was informed of the third visit of Vatican during the Uganda Martyrs’ Day celebration hold on June. However, [...]
IMF lowers Uganda’s growth forecast
The International Monetary Fund (IMF) revised Uganda’s growth forecast for the 2015/16 (July-June) fiscal year to 5 percent from the 5.8 percent it predicted in May, the fund said in [...]South Africa Market Strengthens After Central Bank Rate Hike
Market Update South Africa's rand hit a two-week high against the dollar (14.0020) on Thursday after the central bank governor raised the repo rate, while shares rose led by Gold [...]Over 300 000 MTN Ugandan subscribers deactivated for not registering simcards
At least 300,000 MTN Uganda subscribers have been disconnected for failing to register their sim-cards. Mr Brian Gouldie, the chief executive officer MTN Uganda, confirmed to journalists on Wednesday that [...]Rwanda's Bank of Kigali reports 25% rise in third-quarter profit
Rwanda's Bank of Kigali on Thursday reported a 24.5 percent rise in third-quarter pretax profit to 6.6 billion francs ($9.3 million) helped by higher interest income. The country's largest bank [...]Nigeria’s growth slows down to 2.84% in the third quarter
Nigeria’s economic growth slowed to 2.84 per cent in the third quarter of 2015 from 6.23 per cent a year earlier as a result of lower oil prices, the Nigerian [...]IMF pushes for change as African Growth slows down
The International Monetary Fund (IMF) has called on African policymakers to adjust to cope with the economic growth slowdown and other challenges affecting the continent. IMF says fiscal policymakers need [...]Challenges and Triumphs: The Evolution of Sports Infrastructure in African Countries
Sports have always held a special place in the hearts of communities across Africa, fostering unity, passion, and a spirit of camaraderie. Over the years, the continent has seen a [...]
Extended Personal Credit Terms Inherits Greater Risks for African Consumers.
The increasingly easy availability of longer term credit is pushing an increasing number of individuals into spiralling debt, according to new data. Long-term credit, more than any other form of [...]
