Uganda Development Bank (UDB) has entered a partnership with the Nation Media Group, Uganda, (NMG-U), in a bid to enhance its visibility and mandate. A team of UDB’s top officials who paid a courtesy call to the Daily Monitor offices in Namuwongo, Kampala, yesterday, said majority of the people think the bank is like other […]
East Africa’s listed banks have reported either flat or reduced profit for the first three months ended March 31, 2020. PHOTO | FILE | NATION MEDIA GROUP East Africa’s listed banks have reported either flat or reduced profit for the first three months ended March 31, setting the pace for a year of subdued performance […]
KenGen Managing Director & CEO Rebecca Miano on April 2, 2019. PHOTO | FILE | NATION MEDIA GROUP KenGen’s CEO Rebecca Miano spoke with John Njiraini on energy generation and expansion to neighbouring countries. KenGen is investing in expansion of geothermal energy production. What is the status of ongoing projects and what’s the target in […]
A man shops for maize flour at a supermarket in Nyeri, County. Most supermarkets have recorded low numbers of customers, a trend they blame for their failure to pay suppliers. PHOTO | FILE | NATION MEDIA GROUP The Competition Authority of Kenya wants to protect businesses, especially small enterprises, from collapse due to constrained cash […]
Longhorn Publishers CEO Maxwell Wahome. PHOTO | DIANA NGILA | NMG Longhorn Publishers #ticker:LKL has issued a profit warning for the year ending this month, preparing investors for a fall in earnings for the first time in five years on account of disrupted learning caused by Covid-19. The firm says the pandemic and the related […]
Pierre Nkurunziza was a dominant figure in Burundi’s politics in the last 26 years. PHOTO | FILE | NATION MEDIA GROUP In life, he always maintained that he had lived part of his youthful years in Kenya, and even mastered the diverse cultures of its people. Yet he still had a stunning attachment to his […]
An elephant walks past a car filled with tourists in South Africa’s Kruger National Park on December 10, 2009. With borders closed and airlines grounded due to the Covid-19 pandemic, Africa’s multi-billion-dollar safari industry is unravelling. PHOTO | FILE | NATION MEDIA GROUP Mabarhule, When Khimbini Hlongwane spent most of his small safari tour company’s […]
Uganda is Africa’s largest exporter of coffee followed by Ethiopia and grows mostly robusta variety. PHOTO | FILE | NATION MEDIA GROUP Kampala, The quality of Uganda’s coffee crop may decline in the coming months as heavy rains across the east African nation have reduced the amount of sunshine necessary for bean drying, an industry […]
Increase in Uganda coffee exports has been attributed to higher production. PHOTO | FILE | NATION MEDIA GROUP Uganda’s coffee exports have continued to surge despite the coronavirus pandemic with April figures showing growth compared with a year ago. Uganda Coffee Development Authority (UCDA) said in a report released in April that Uganda coffee exports […]
The US-Kenya trade deal could see local farmers face stiff competition from subsidised products from the US market. PHOTO | FILE | NATION MEDIA GROUP The agreement portends the danger of crippling sectors such as agriculture and manufacturing and disintegration of its economy. The agreement will likely impact food security as the ability of local […]
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