BY EABW REPORTER KAMPALA, UGANDA- Stanbic Bank and the Industrial and Commercial Bank of China (ICBC) have celebrated ten years of partnership by hosting a high level Business forum for members of the Ugandan/China Business community. ICBC, the world’s biggest bank, is the single largest shareholder in Standard Bank group having acquired a 20.1% stake […]
BY EABW REPORTER KAMPALA, UGANDA- Ecobank won the Best Digital Strategy Award at the Retail Banker International’s prestigious awards ceremony held at the Waldorf Hilton Hotel in London last week. Ecobank’s digital strategy leverages digitalisation for scale and ubiquity and is the key plank in its ambition to be the top consumer financial services franchise […]
BY SAMUEL NABWIISO KAMPALA, Uganda–DFCU bank has revamped its Omni-Channel –e Banking Platform with the aim of extending reliable and faster banking services to their customers across the country. The e-banking platform was first introduced in 2011 with the aim of delivering a convenient and seamless experience for customers using Feature phones, Smartphones and the […]
BY PAUL TENTENA KAMPALA, UGANDA–Uganda’s economy is expected to grow at 5.5 percent this year, rising above 6 percent all through to 2019, according to the World Bank’s 11th Uganda Economic Update launched in Kampala today. The improvement in performance, following two years of sluggish growth, is driven by agriculture and the services sectors. […]
BY EABW REPORTER ADDIS ABABA, ETHIOPIA- The transformational opportunities offered by the African Continental Free Trade Area together with the measures needed to unlock them has been the focus for a High-level Ministerial Dialogue convened by the UN Economic Commission for Africa in Addis Ababa (Ethiopia). During the 51st Conference of Ministers, Dr. Abiyi Ahmed, […]
BY EABW REPORTER ADDIS ABABA, ETHIOPIA- Experts have called for combined forces to stem the illicit movement of money and capital from one country to another amid revelations that illicit financial flows from Africa were stifling the continent’s development progress. Speaking at a high-level discussion during the UN Economic Commission for Africa’s (ECA) Conference of […]
BY EABW REPORTER ADDIS ABABA, ETHIOPIA- Africa has been slow to convert its natural resources endowments to tangible development outcomes because of weaknesses in governance, according to the fifth edition of the African Governance Report published by the UN Economic Commission for Africa (ECA). The report launched during the recently concluded ECA Conference of Ministers […]
BY EABW REPORTER OTTAWA, CANADA- Women who work in artisanal and small-scale mining (ASM) face economic, decision-making, legal and institutional exclusions due to cultural norms. This is the finding of a new report from the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF). ASM is a complex and diversified sector, ranging from informal […]
BY PAUL TENTENA KAMPALA, UGANDA- Four people have stepped aside from the Umeme Ltd Board of Directorship role to pave way for new faces on the power suppliers’ board. During the Umeme Shareholders Annual General Meeting held in Kampala, Adrian Mucalov, Christopher Nicholson, David Grylis and Charles Chapman all stepped aside to have the inclusion […]
BY EABW REPORTER MANCHESTER, USA–Manchester Airport has secured a landmark route into the heart of Africa, underlining its pivotal role in connecting the North to the world’s most important markets. Ethiopian Airlines today confirmed it will operate a four-times-a-week service to Addis Ababa, the East African nation’s capital. The route will unlock connections to more […]
BY EABW REPORTER Kampala, Ugand–Uganda National Bureau of Standards will join the rest of the world in commemorating World Metrology Day on May 20th 2018. The theme for this year is Constant Evolution of the International System of Units (SI) [the SI provides definitions of units of measurement that are widely accepted in science and […]
BY SHADRACK KAVILU African states have been advised to make effective plans to mitigate against challenges that will be brought about by the African Continental Free Trade Area (AfCFTA) if they want to reap maximum benefits from the protocol. According to UN ECA Executive Secretary, Vera Songwe the Continental Free Trade Area protocol signed by […]
Hong Kong – China Telecom Global (CTG), and Liquid Telecom, have signed a historic strategic partnership whereby the two companies will collaborate to provide Africa and Asia with industry-leading network solutions and services. The agreement will enable both companies to serve their respective enterprise and wholesale customers with extended network coverage across some of the […]