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Stanbic’s new revenue stream

The bank is eyeing fin-tech, insurance, fund management and stock brokerage cash Kampala, Uganda | JULIUS BUSINGE | On April 10, Stanbic Bank might have given hope to its shareholders that they will earn more money in the near future estimated to be more than Shs300bn in net profit. The …

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Upcountry transport fares stable

Kampala, Uganda | THE INDEPENDENT |  Transport fares from Kampala to various upcountry stations have remained the same this Easter season. Managers at the different bus terminals in Kampala said that they had not increased transport fares because of few passengers travelling upcountry. The Operations Manager of KK Travellers Kamba …

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Afreximbank aims to creat digital ecosystem to ease trade finance

Washington, US | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) is working, with the support of African Union (AU), to create a digital ecosystem that will eliminate the major bottlenecks to trade finance flows within Africa, Bank President Prof. Benedict Oramah has announced in Washington D.C. Delivering an address …

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