Finance
Finance
Zimbabwe plans new currency as dollar shortage plunges economy into panic
Currency notes. The southern Africa country of Zimbabwe plans to re-introduce its local currency. (WIKIPEDIA...
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Africa’s richest: Forbes names Nigerian Dangote for the 8th year running
Great wealth. Mr Aliko Dangote has been, once again, named Africa’s richest person. This is the...
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Volvo Cars in global sales record, hit unprecedented 600,000 in 2018
Great achievement. Volvo Cars has hit the 600,000 sales milestone. (YOUTUBE PHOTO) Volvo Cars set a...
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CBA offers to buy Kenya’s Jamii Bora Bank for UGX51 billion
One of the branches of Jamii Bora Bank in Kenya. CBA has offered to buy the...
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Still privileged? Fired in February 2018, Bagyenda still had BoU cars, security a year later
Privileged. Ms Justine Bagyenda, former employee of BoU yesterday entering a Bank car she still has...
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Apple top executive Tim Cook collects $12m in 2018 bonus, receives shares worth $121m
Tim Cook, the CEO Apple Inc. Mr Cook has bagged a whopping $12m annual bonus for...
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World Bank projects low prospects for global economies in 2019, growth to remain low in many countries
World Bank. The Bank says downside risks have become more acute worldwide warning that financial market...
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Asset quality of country’s commercial banks still a concern, says Bank of Uganda
BoU Governor Emmanuel Tumusiime-Mutebile. The Governor says that although the banks are continuously improving on NPLs,...
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Kadaga urges Ugandans to embrace credit and savings cooperatives
Speaker Rebecca Kadaga says cooperative organizations have improved the livelihoods of many Ugandans. (PML PHOPTO) KAMULI...
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MTN pays penalty, $8 billion row with Nigeria resolved
MTN. Nigeria said it has resolved a dispute with Africa’s largest mobile operator over $8.13...
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