The unlikely winner shocked the country when the Bank of Uganda Governor, Emmanuel Tumusiime-Mutebile, announced that they were transferring liabilities and assets of Crane Bank to ... Read more »
The Bank of Uganda has revealed that the collapsed firm became undercapitalised in a space of a year due to failure by borrowers to honour their debt obligations. Read more »
Former SABC Chief Hlaudi Motsoeneng, who said that South Africans "love him no matter what", also stated that the nation's people are "blessers" to foreign artists who they support ... Read more »
The ailing retailer credits its failing operations to a depressed economy and higher operating costs. Read more »
The president has met with the bank's President, Akinwumi Adesina, and explained to him how the outstanding debt burden is crippling the country's dream of providing affordable ... Read more »
After a long period of struggling and bailouts, the troubled firm has been taken over by the Development Finance Company of Uganda Bank. Read more »
Ford South Africa's decision to implement a recall of its 1.6-litre EcoBoost Kuga vehicles only after the National Consumer Commission's involvement suggests that the company was ... Read more »
The leader has advised UDA Rapid Transit to generate profit from the project to pay back the World Bank's soft loan that financed its construction. Read more »
Transnet strongly denied that its R50 billion acquisition programme was in "tatters" and said that two trains supplied by China's CRRC Corporation merely experienced ... Read more »
The leading East African airline will attempt to boost Africa's 3 percent presence in the global aviation market . Read more »
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