Business

Barclays Bank Uganda has announced a 13% increase in profits before tax from 86.8billion in 2018, the bank’s managing Director Rajesh Jha has revealed. “it was a good year for the bank where we saw solid growth on the balance sheet, coupled with growth in come .we managed our costs well and portfolio quality has improved giving rise to very ...

International Finance Corporation (IFC) a member of the World Bank has extended $1.9million to Agent Banking Company of Uganda (ABC) to support growth of agent banking services in rural areas. Richard Yego ABC Chief Executive Officer says over two and half years, IFC funds will be used to roll out agent banking network infrastructure and accelerate financial expansion services to ...

Jumia has become the first African technology company to ever list on the New York Stock Exchange. Jumia an online shopping company is riding on e-commerce to deliver fast goods to consumers at their convenience on real time. “With technology, everything becomes possible. We certainly believe that the best is yet to come for Africa. We thank our customers for ...

Crown Beverages Limited (CBL), the bottler of Pepsi, Mirinda,Mountain Dew, Sting, and Nivana Water has launched new consumer campaign dubbed Tukonectinge with Pepsi.  Worth shs 4billion.  Tukonectinge is a Luganda slang that means let’s connect. Through the campaign, Pepsi will reward its consumers with a total of; 24 fully-paid trips to Dubai in the United Arab Emirates, 24 Toyota Wish ...

Latest search revealed a new hangout place called “Prancing Porny”, which is located along Lugogo Bypass next to Oryx Petro Station. This place is well designed with good accommodation to satisfy its customers efficiently. Check also: Irene Ntale Hints Why She Collaborated In A Tune With Sheebah However, it was during this week when this bar called “Prancing Porny”, opened fully ...