The Development Finance Company of Uganda Bank has terminated the services of at least 250 out of 700 employees it inherited from Crane Bank as it completes the take-over of the ... Read more »
The firm, once the largest in Uganda, reportedly started to show signs of disintegration at the end of 2013, when it was exposed to a huge amount of bad debt but the country's ... Read more »
The Governor of the Bank of Uganda, Emmanuel Tumusiime-Mutebile, has warm the public about the practice of "One Coin Digital" which claims to deal in a digital currency known as ... Read more »
Rwanda hopes U.S. President Donald Trump will remove the Dodd Frank Act, as this will mark the lifting of an unwanted legislation that has reportedly led to a sharp increase in the ... Read more »
The South Gauteng High Court has ruled in favour of Comair in a case initiated against South African Airways 14 years ago in respect of the national carrier's anti-competitive ... Read more »
The energy minister, Irene Muloni, has revealed that the government made the announcement to the oil joint venture partners, France's Total E&P, UK's Tullow Oil and China'c ... Read more »
A report by the Tanzania's communications body has revealed that mobile phone companies are increasingly moving their competition to data as the penetration rate for voice ... Read more »
The last time Sudhir Ruparelia spoke to the media was at the time when his bank was seeking a strategic investor to buy a stake and resuscitate the crumbling firm. Read more »
Top mobile network operators are reportedly advocating for a ban on Skype and WhatsApp after it emerged they were losing significant revenues as mobile phone users have migrated ... Read more »
There is still shock in the air after the once-dominating banking firm crumpled and was scooped up by an "underdog" in the industry. Read more »
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