NCBA’s 2024 financial results demonstrated robust and consistent growth across key indicators. Net loans and advances increased by 18%, rising from Shs253 billion to Shs298 billion, while customer deposits grew by 15% to Shs654 billion. Profit before tax surged by an impressive 40%, climbing from Shs 32 billion …
Read More »Tanzanian president allocates land to East African business body for building headquarters
Dar es Salaam, Tanzania | Xinhua | The East African Business Council (EABC) has applauded Tanzanian President Samia Suluhu Hassan for allocating three hectares of land for building its headquarters in the East African nation’s northern city of Arusha, the EABC said in a statement late Friday. Hassan on Friday handed over …
Read More »NUP unveils site for new party headquarters
Kampala, Uganda | THE INDEPENDENT | The opposition National Unity Platform-NUP has unveiled a construction site for the new party headquarters located in Makerere-Kavule, Kawempe Division, a Kampala city suburb. The construction groundbreaking function was held at the new site by the NUP leaders led by Robert Kyagulanyi Ssentamu, divisional councilors, …
Read More »NATO moves from Cold War bunker to glass and steel palace
Brussels, Belgium | AFP | With its futuristic curved roof, gleaming walls of glass and steel and host of eco-friendly features, NATO’s new billion-euro Brussels headquarters is a world away from the drab, low-slung warren of offices reeking of Cold War intrigue that it replaces. The alliance is almost halfway through …
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