Why Pennsylvania could hold the keys to the White House
The White House’s address may be 1600 Pennsylvania Avenue, but the real road to the presidency runs through the state of Pennsylvania, the biggest prize among the elect...
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DRC government pushes back against US child labour assessment
The Democratic Republic of Congo (DRC) has protested the US labelling of child labour in mines, with Kinshasa saying the assessment does not take into account the steps t...
Ghanaian Investor to Fix Kiteezi Landfill
The Ugandan government has entered into a partnership with Ghana’s Jospong Group of Companies to recycle waste that has accumulated at Kiteezi landfill in Wakiso Distri...
Our returns are in their own orbit, says NSS boss
As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow m...
Some EFC, Mercantile depositors yet to pick their money, says DPF
The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arr...
High staff exits undermining banking sector stability, says BoU
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are c...
INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials
Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together w...
What other players give savers eager to grow money
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-ea...
Non-performing loans drop but credit extension remains subdued
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended J...
Why banks are joining unit trusts party
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority...