New Jobs, Orders Rise in April PMI
By Godfrey Ivudria / 9th May 2022
May 5, 2022 – Kampala, Uganda: The Stanbic Purchasing Managers’ Index (PMI) rose to 53.9 in April from 51.9 in March on account of further improvement in private sector output
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Record Performance in Latest Full-Year Earnings-AFC
By Godfrey Ivudria / 4th April 2022
Lagos, 1 April 2022. Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, reported record performance in its latest full-year earnings, driven by high-impact investments and its strong credit profile.
Despite the pandemic and
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Stanbic Uganda Profits up 11% to Ugx269b in 2021
By Godfrey Ivudria / 31st March 2022
Highlights for 2021 Profit-after-Tax for Stanbic Uganda Holdings Limited (SUHL) representing five subsidiaries rose 11% to Ushs269bn from Ushs242bn in 2020
SUHL’s anchor subsidiary, Stanbic Bank Uganda posted Ushs275billion in
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Trade Finance and the Efforts to Boost Intra-African Trade
By Godfrey Ivudria / 16th March 2022
By Lodewyk Meyer, Partner and Head of the Banking & Finance Practice, and Lucy Stratton, Associate Designate, Baker McKenzie, Johannesburg.
As stated by the President of the African Development Bank (AfDB),
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