COMMENT | IVAN DARLINGTON MWEBE | Recent fuel price shocks across East Africa have once again exposed a structural vulnerability the region can no longer ignore. In Kenya, diesel prices have climbed past Ksh 206 per litre, with petrol following closely. In Tanzania, fuel now trades above TSh 3,800 …
Read More »Global Credit gives Uganda Development Bank AA ‘Stable’ rating
Kampala, Uganda | THE INDEPENDENT | Global Credit Rating Co ltd (GCR) has assigned Uganda Development Bank Limited (‘UDB’) national scale issuer private ratings of AA+(UG)/A1+(UG.) This is a notch below the highest possible rating with the outlook accorded as ‘Stable’. At the same time, GCR has also assigned UDB an …
Read More »
The Independent Uganda: You get the Truth we Pay the Price