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FeaturedInternational News

IMF Worried About Forthcoming Global Economic Meltdown

International Monetary and Financial Committee Chair Lesetja Kganyago and International Monetary Fund Managing Director Kristalina Georgieva (pictured) issued the following statement following yesterday’s conference call of the International Monetary and Financial Committee. “We are in an unprecedented situation where a global health pandemic has turned into an economic and financial

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FeaturedInternational News

African Dev’t Bank Launches Record Breaking $3Bn “Fight COVID-19” Social Bond

The African Development Bank  has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa's economies. The Fight Covid-19 Social bond, with a three-year maturity, garnered interest from central banks and official institutions, bank

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BankingFeaturedNews

Dr Mugume: BoU’s New Deputy Governor Is A Master Of Economic Forecasting And Policy Analysis

The Board of  Bank of Uganda (BoU)Friday appointed Dr. Adam Mugume (pictured the  Deputy Governor of  BoU- in acting capacity, pending President Museveni’s decision to appoint a substitutivea deputy governor. Mugume has been Executive Director of Research for the Central Bank. The position fell vacant about three months ago after

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