By Patrick Kagenda The PTA bank last week raised Shs 8.5 Bn in the first tranche of its Shs 40Bn bond issued on the Ugandan market. Dr. Michael Gondwe, the PTA bank president explains its strategy. How do you rate the performance of your bond? The bond took quite a …
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By Independent Team & Agencies Equity Bank survived being locked out of the Nairobi stock Exchange after two regulators battled over an attempt to suspend its custodial license for two weeks over alleged breach of regulations. Equity’s suspension resulted from the bank failing to pay the Central Depository Settlement Corporation …
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By Patrick Kagenda & John Njoroge Weak company law fails to protect the poor and gullible from fake saving schemes To Gauda Tushabomwe, it seemed like a brilliant way to invest her money. Tushabomwe, at the time an accountant with Kabale Diocese, was introduced to a microfinance organisation called COWE …
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The Independent Uganda: You get the Truth we Pay the Price