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UBA’s Debut $500m Eurobond Oversubscribed By 240%

United Bank for Africa Plc (UBA) successfully raised USD500 million through a debut Eurobond that was over-subscribed by 240%. The significant investor demand reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. The Global Offering is a five-year senior unsecured benchmark bond (144A/Reg S)

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Exposed: How Corruption Is Killing Uganda’s Mining Sector

Corruption, mismanagement and political influence are undermining investment in Uganda’s mining sector and threatening people and environment, Business Focus reveals. The Global Witness report released on Monday (June5, 2017) indicates that pervasive corruption in Uganda’s mining sector allows crooked officials and the investors they partner with to profit at the expense

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