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Tag Archives: asset

Russia warns West of consequences of asset confiscation

MOSCOW | Xinhua | Russia will respond to any attempts by Western countries to confiscate Russian property and assets abroad, the Russian Foreign Ministry said on Sunday. “We have spoken more than once about the illegitimacy of unilateral coercive measures taken by Western countries in relation to Russian property abroad. …

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Afreximbank records 8% asset growth

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank, has recorded an 8% growth in assets to $30.1 billion for the six months ending June 30, 2023, driven by an increase in loans. The lender recorded a substantial growth in total interest income, which soared by an impressive …

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Microenterprise graduation leads to higher consumption, asset ownership

Kampala, Uganda | THE INDEPENDENT | A one-year microenterprise graduation program targeting the ultra-poor in rural Africa offers a cost-effective way to tackle extreme poverty, according to preliminary results of a new study released in Kampala on Thursday. These preliminary results suggest that Village Enterprise’s integrated “graduation” model—comprised of targeting, training, …

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Britam’s asset management firm enters Ugandan market

Kampala, Uganda |ISAAC KHISA | Britam Holdings Plc has unveiled an asset management company in Uganda as it seeks to extend its asset management offering in the region. The new company, Britam Asset Managers (Uganda) is modelled along a similar successful company in Kenya. It will offer investment management and advisory services to pension …

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