Private sector activity expanded in February, accelerating the most in nine months after the phased removal of pandemic restrictions, a survey showed Thursday, but a rise in input and labour costs saw companies raise output prices yet again. The Stanbic Bank Uganda purchasing managers’ index for the private sector, prepared by IHS Markit, rose to […]
Tag: XUGA
Uganda Securities Exchange (XUGA)
BOA Bank appoints Nehemiah Mchechu new Board Chairperson
A statement released by the bank said Mchechu brings to the bank invaluable experience, knowledge and unique skills set with core competencies in leadership development, education, finance, banking, planning and general management. Mchechu is currently the Executive Chairman of Amboni Group of companies, a holding that has investment interests in various economic sectors such as […]
SIBANYE STILLWATER LIMITED – Results for the six months and year ended 31 December 2021
Results for the six months and year ended 31 December 2021 Sibanye Stillwater Limited Incorporated in the Republic of South Africa Registration number 2014/243852/06 Share codes: SSW (JSE) and SBSW (NYSE) ISIN – ZAE000259701 Issuer code: SSW (“Sibanye-Stillwater” or “Company” or “the Group”) Website: www.sibanyestillwater.com Results for the six months and year ended 31 December […]
MTN Group is the biggest company in West Africa by market capitalization – here’s the Top 30 list
A worker walks past an outlet of South Africa’s MTN Group in Johannesburg, South Africa, February 23, 2016. REUTERS/Siphiwe Sibeko/File Photo The market cap of the Top 30 companies for January 2022 was US$116bn, up 4.7% in December. BUA Foods (Nigeria) and Access Bank (Nigeria) are new entrants in the Top 30, replacing Jumia Technologies […]
Kenya: Stanbic Bank Signs Import Financing Deal With Two Vehicle Importers
Nairobi — Stanbic Bank Kenya has entered into an import financing partnership with two motor-vehicle importers in Kenya, MHH International Limited and World Navi Company Limited. With the inking of the deal, customers will get up to 80 per cent financing through Stanbic Bank with 20 per cent deposit being paid to the importers, and […]
Kenya dollar millionaires under 40 years revealed
Kenya dollar millionaires rose to 3,362 million last year on the back of young entrepreneurs making fortunes in sectors such as ICT and business recovery from the Covid-19 economic fallout. The latest instalment of the Knight Frank Wealth Report shows the number of Kenyans with a net worth of at least $1 million (Sh113.9 million) […]
Stanbic bank signs import financing deal with two vehicle importers
Head of High Net Worth and Affluent Banking Clients at Stanbic Bank Kenya, Aliya Khanbhai and Managing Director, MHH, Alistair Benn during the signing of the Memorandum of Understanding of the Motor Vehicles Financing Scheme/COURTESY NAIROBI, Kenya, March 2 – Stanbic Bank Kenya has entered into an import financing partnership with two motor-vehicle importers in […]
A turning point for E. Africa business amid uncertainty
The world is again on the edge over the conflict between Russia and Ukraine as well as the ongoing impact of the Covid-19 pandemic. The past two years have brought many unexpected events which have significantly changed the way we do things. On the one hand, the world is still fighting its way through a […]
Northern Uganda farmers benefit from NU-TEC project
Andrew Kituka executive director Equity bank Uganda. A number of farmers have benefited from the NU-TEC project that was funded by the UK government to offer access to affordable financing for agribusinesses and farmers operating in Northern Uganda through Equity Bank. According to Paul Kweheria, the Team Leader of NU-TEC Financial Services the number of […]
Green Businesses Given Last Chance to Grow & Transform Economy with EU-funded Accelerator, UGEFA
The EU-funded Uganda Green Enterprise Finance Accelerator (UGEFA), which provides sustainable Ugandan enterprises with support to scale and contribute to a green and inclusive economy, has today announced that it is accepting applications for its fourth and final cohort to join its programme. UGEFA is seeking high-potential small and medium-sized enterprises looking for debt finance […]