B2C firm Copia Global suspends operations in Uganda after only 9 months
Copia Global, the first Business-to-Customer - B2C platform simplifying e-commerce for middle to low-Income Africans suspended operations in Uganda after only 9 months.In Uganda,...
Africa to produce more millionaires over decade – Report
Report has indicated that there will be a relatively big increment in Africa’s number of millionaires over the next 10 years.The 2023 Africa Wealth...
UBA delivers strong results as profit hits $446.4M for 2022
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2022, showing...
Senegal’s logistics industry to take off
Huge shipping vessels navigate the rocky peninsula of the capital city to dock in the West African country’s main port in downtown Dakar. Long queues of lorries...
Livestock Prices surge ahead of Eid Celebrations in MALI
The 2023 Eid al-Fitr in Mali is not going to look anything like those celebrated in recent years as prices of livestock surge...
China blames US for leaving Africa suffocating on debts
Uganda, an African nation in the Eastern Region is estimated at a population of 45 million people with a GDP of 40.53 billion USD...
Equity Group records Ksh46bn net profit, Ksh15bn dividend payout
NAIROBI - In the midst of a global economic downturn with a global GDP growth rate projected at 2.9% for 2023, with a downside...
Meet the youngest and first African billionaire to build a national stadium using own funds
Pursuing African Prosperity through Reason and Reality, mindset change, Business and the written word.Modern sports entertainment infrastructure is one of the biggest challenges...
The US Federal Reserve Solution to the current banking crisis likely to lead to More Pain in the Future
Opinion by Mwebya Fred: The US federal reserve has been faced with a serious banking crisis and its been a tough situation finding workable...
FIFA Approves New World Cup Format
The world will get a whole new experience of 48 teams at the upcoming United States, Mexico and Canada 2026 world cup after increasing...
Failing Silicon Valley Bank taken over by Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation is to take over Silicon Valley Bank, a 40-year-old institution based in Santa Clara in Calif due to failure....
Stanbic Bank Holdings hit shs9bn profits, offers dividend record
Kampala Uganda| Stanbic Holdings has increased dividend payouts by 40 percent after the net profit for the year ended December 2022 grew 26 percent...
$1.3 Billion Yeezy Sneakers unsold inventory stuck at Adidas
After Rapper Ye, new chief executive of Adidas has $1.3 billion in Yeezy sneakers he doesn’t know what to do with.Stored in warehouses around...
Twitter Finances Are Improving following heavy lay offs, reports Elon Musk
Multi-Billionaire Elon Musk said Twitter was recovering financially after seeing a 50 percent decline in ad revenue, making one of his first public disclosures...
