Infrastructure key for e-commerce growth

If there is any sector that saw great uptake during the 2020-2022 pandemic-induced lockdowns, it was e-commerce. However, challenges remain. According to Ronnie Kawamara, the Jumia Uganda chief executive officer, e-commerce uptake is growing so fast, b…

Fitch gives Stanbic positive credit rating

Fitch, an international credit rating agency has affirmed Stanbic’s long-term issuer default rating at B+ while it maintained its ‘AAA’ rating in Uganda. The ratings simply mean the bank has the lowest expectation from the agency to default on any paym…