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Day: March 22, 2021

Children Die In Stampede As Tanzania Mourns Magufuli

March 22, 2021March 22, 2021 admin

A woman and four children have died after a stampede as Tanzanians mourn former President John Magufuli, police have told the BBC.

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Company News, News, RegionalChildren Die In Stampede As Tanzania Mourns Magufuli, John Pombe Magufuli, Tanzania President Samia Suluhu Hassan, Tanzania StampedeLeave a comment

No Borrower Has Received COVID-19 Bailout Package, Says UDB

March 22, 2021March 22, 2021 admin

Following the publication of a list of companies and individuals, the Uganda Development Bank has revealed that it has lent no borrowers public resources in form a bailout packages or grants.

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UncategorizedBailout package for Uganda, New Vision, UDBLeave a comment

COVID-19 Trigger Uptake Of Digital, E-commerce In Uganda

March 22, 2021March 22, 2021 admin

Amid slowing economic activity, Uganda has witnessed a surge in e-commerce and accelerated digital transformation on the back of COVID-19 disruption on the business oprations.

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Insights, NewsCOVID-19, Digital transformation in Uganda, E-commerce in Uganda, UgandaLeave a comment

EXCHANGE RATES

CURRENCY BUYING SELLING
USD3,7323,742
GBP4,6644,676
EUR3,9813,992
KES31.9332.01
TZS1.61.6
ZAR240240

PRIME LENDING RATES AS AT JANUARY 1, 2022

Stanbic Bank15.5%
Centenary Bank20%
Standard Chartered 18.3%
Absa Bank17%
Diamond Trust16%
Equity 20.5%
KCB Bank21%
Dfcu Bank20%
Baroda19%
Housing Finance 20.5%

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