Thursday , May 1 2025
Home / Business (page 5)

Business

Business news

Stanbic Bank joins coffee promotion in Buganda

KAMPALA, UGANDA | THE INDEPENDENT | Stanbic Bank has teamed up with Buganda Kingdom to promote coffee production in the region. The partnership with the Buganda Cultural and Development Foundation (BUCADEF), under the ‘Mwanyi Terimba’, a coffee promotion initiative, was unveiled after the signing of a Memorandum of Understanding (MoU) …

Read More »

Asset financing company launches smartphone loans in Uganda

KAMPALA, UGANDA | THE INDEPENDENT | MOGO Uganda, an asset financing company, has introduced a smartphone loan program in collaboration with Airtel Uganda, making Tecno, Infinix, and itel devices more accessible to a wider range of Ugandans. This move meets the rising need for cost-effective smartphone access, enabling people to …

Read More »

Oracle, Eclectics partner to tap into East African businesses

Cloud computing infrastructure, analytics hailed for transforming business processes Kampala, Uganda | IAN KATUSIIME | US-based tech powerhouse Oracle has teamed up with Eclectics International, a leading Kenyan IT firm, to provide innovative technological solutions aimed at driving business efficiency and digital transformation across East Africa and beyond. The partnership was …

Read More »

Argentina receives $12 billion IMF bailout

BUENOS AIRES | Xinhua |  Argentina received 12 billion U.S. dollars from the International Monetary Fund (IMF) on Tuesday, the first disbursement under a new loan agreement aimed at stabilizing the economy and rebuilding foreign reserves. The payment raises the country’s gross international reserves to 36.8 billion dollars, according to …

Read More »

AFDB: Africans should stop crying over lost USAID aid

“Africa should improve governance in order to improve transparency, close illicit financial flows. Africa loses almost ninety billion dollars every year. That is far much more than we get from aid and Foreign Direct Investment (FDI) every year” Abidjan, Cote d’Ivoire | THE INDEPENDENT | African Development Bank Group Secretary General …

Read More »