Standard Chartered launches Offshore Mutual Funds
Africa Markets

Standard Chartered launches Offshore Mutual Funds

Kampala, Monday, 23rd January 2023: Standard Chartered Bank Uganda has today launched an offshore Mutual Funds product for their clients during a press conference held at Kampala Serena Hotel and presided over by the Bank’s CEO, Sanjay Rughani and Keith Kalyegira, the CEO, Capital Markets Authority among other executives. With this proposition, the Bank’s clients will enjoy access […]

AfCFTA Key in Cushioning African LDCs from External Shocks
Africa Markets

AfCFTA Key in Cushioning African LDCs from External Shocks

Addis Ababa, 19 January 2023 (ECA) – The Economic Commission for Africa (ECA) is supporting regional trade integration through the African Trade Exchange Platform (ATEX), a platform enabling bulk procurement of commodities. Speaking at a session on integrating regional trade during the regional consultation on LDC5 for Least Developed Countries (LDCs) in Africa and Haiti, […]

AfCFTA Agreement will Boost Intra-African Trade and Industrialization
Africa Markets

AfCFTA Agreement will Boost Intra-African Trade and Industrialization

Addis Ababa, 18 January 2023 (ECA) – The implementation of the African Continental Free Trade Area (AfCFTA) should be expedited as the free trade zone will boost intra-African trade and accelerate industrialization, the Economic Commission for Africa (ECA) Acting Executive Secretary, Mr. Antonio Pedro, has urged. “While the AfCFTA’s promise is high, that promise can […]

PMI Shows Fifth Successive Rise In Output At End Of 2022-Stanbic
Africa Markets

PMI Shows Fifth Successive Rise In Output At End Of 2022-Stanbic

Kampala – Uganda, January 4, 2023: The Ugandan private sector ended 2022 on a positive note, with ongoing expansions in output, new orders and employment recorded, according to the latest Stanbic Purchasing Managers’ Index released today. Growth of demand fuels rise in activity Businesses confident heading into 2023 Employment increases for third month running At […]

Dembe Receives Authorized Economic Operator (AEO) Certification
Africa Markets

Dembe Receives Authorized Economic Operator (AEO) Certification

Uganda, Kampala: Uganda Revenue Authority (URA) has granted Dembe trading Enterprises, one of the oldest and leading distribution houses in East Africa, the prestigious Authorized Economic Operator (AEO) license in recognition of its continued compliance with the various customs rules, processes and standards. This was during the Authorized Economic Operator Awards Conference held at Speke […]