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Tag Archives: Banking

Afreximbank ditches Nairobi for Kampala

Afreximbank is expected to provide finance to export projects in manufacturing, mining, infrastructure and related ventures Nairobi, Kenya | ISAAC KHISA | The African Export-Import Bank (Afreximbank) has ditched Nairobi in favour of Kampala to set up its regional headquarter. Benedict Oramah, the bank’s president, told The Independent in an …

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Nigeria, China in currency swap

Nigeria, China in currency swap Kampala, Uganda | THE INDEPENDENT | In a signing ceremony that took place in Beijing China, the Central Bank of Nigeria and the Peoples Bank of China agreed to a currency swap worth $2.5billion to make trade between the two countries easy. International reports say the move …

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Stanchart opens Uganda’s first digital bank

Kampala, Uganda | THE INDEPENDENT | Customers of Standard Chartered Bank are experiencing new service of a full-fledged digital bank recently opened in Ntinda, a Kampala suburb. The Bank’s Managing Director, Albert Saltson, said the new digital branch, located at the Vivo Energy Petro Service Station and fully equipped with digital …

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IN THE INDEPENDENT: Museveni looks for new BoU governor

Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent magazine.. COVER STORY Museveni looks for new BoU governor: IMF’s Ating Ego, Kasekende, Muhakanizi, Kizza in race. HEALTH Cuban doctor controversy: Does Uganda Medical Union, NOTU, understand what they are fighting? THE LAST WORD Understanding why …

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Banks court small borrowers

Centenary becomes third bank to unveil micro-loans to customers via mobile phones Kampala, Uganda | ISAAC KHISA | Despite talk that micro-loans may not create a big impact on the economy, the scramble for a share of the small loans business by Uganda’s banking industry continues to gain momentum. Centenary Bank …

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