Airtel Africa, a leading global telecommunications services provider with operations in 14 countries across Africa, and Ecobank Transnational Incorporated ("ETI") , the parent company of Ecobank the leading pan-African banking group operating in 33 countries, have signed a partnership which will allows millions of Airtel Money and Ecobank customers across
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INTERVIEW: How Orient Bank Business Academy Is Uplifting Emerging Entrepreneurs
Orient Bank’s Business Academy is increasingly shaping blossoming entrepreneurs through hands-on training with the aim of growing small businesses into bigger ones, albeit sustainably. Business Focus’ Taddewo William Senyonyi interviewed Emmanuel Njuki (in featured photo), the Head of Orient Business Academy, who also doubles as the Corporate Communications and Marketing
Read MoreThe Governor of the Central Bank of Kenya, Dr. Patrick Njoroge (pictured), has been named the Central Bank Governor of the Year for Sub-Saharan Africa by Global Markets magazine, a world-leading financial journal. The Governor received the award for the second time in four years, having first received it in
Read MorePeter Lokeris, the Minister of State for Minerals, today re-asserted government’s commitment to having the East African Crude Oil Pipeline (EACOP) project delivered as planned. “I know many of you had started thinking that the project has stalled but this Public Hearing should now take away all doubt since it
Read MoreProperty mogul, Mohan Musisi Kiwanuka (pictured left) has questioned and protested Police’s deployment at his properties, describing the act as unlawful. The properties in question are on plots 10A and 10B Akii Bua Road, Nakasero, and 21-29 Golf Course Road, Kololo. They are owned by Visa Investments, one of the
Read MoreKristalina Georgieva (pictured), Managing Director of the International Monetary Fund (IMF), met with Hassan Ali Khaire, Prime Minister of Somalia On October 18, 2019 in Washington and issued the following statement: “I had a good and constructive meeting with Prime Minister Khaire at the IMF headquarters. I congratulated the Prime
Read MoreGovernment plans to raid the Petroleum Fund and withdraw Shs445bn to finance the 2019/2020 budget won’t be achieved after it was revealed that the Fund only has only has Shs304.1bn. This means that the Fund is set to be overdrawn. The Petroleum Fund is where revenue from all petroleum-related activities
Read MoreNxt Radio Rated Uganda’s Fastest Growing English Station-Kin Kariisa
Nxt radio, one of the brands under Next Media Services today marked its first anniversary since it went on air. Kin Kariisa, the Chief Executive Officer, Next Media Services says it is important to celebrate milestones “to acknowledge where we are coming from and the journey ahead.” “When we launched
Read MoreANALYSIS: What Two Newly Licensed Banks Mean To The Industry, Economy
Bank of Uganda (BoU) recently issued commercial banking licenses to two institutions, bringing the total number of commercial banks in the country to 26. Opportunity Bank that has been trading as a credit institution is now a commercial bank. “BoU granted the Commercial Banking (Class 1) License Certificates to Afriland
Read MoreThe shilling traded in a stable range in the week ending October 18, 2019 as mid month corporate taxes limited the demand for dollars in a tight market. Trading was in the range of 3673/3685. In the local shilling market, overnight funds quoted at 6% while one week funds traded
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