May 22, 2008
Pride Microfinance Limited is on sale
Another financial institution is up for sale. Pride Microfinance, Uganda’s most profitable microfinance deposit-taking institution, is being prepared for sale barely a month after Kenya’s Equity Bank bought Uganda Microfinance Limited (UML).nst the Ugandan currency would be risky for his investment.
Kikuubo changes face to marshall competition
Julius Mugisha has been a trader in Kikuubo for 15 years, but is now not sure how much longer he will stay business here.
Economy to weather high food prices, energy deficit
East African countries are projected to withstand the current high food prices and the persistent energy deficit to post an impressive economic growth of about 7.3% in 2008—above the continental average of 6%.
Rwanda gas power project starts June
KIGALI-Rwanda may start generating electricity from methane gas from Lake Kivu by June this year, a cabinet minister has said.