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Uganda Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about Uganda Banking.
Latest Uganda Banking News
- Miners shine as gold glistens 24 Nov 2009 01:06 GMT
... MINING companies helped add more than 100 points to ... miner Randgold Resources rose 170p to 5,120p. Banking shares were also back in favour, with ... fallers, after Heritage Oil, its partner in Uganda, sold its stake in discoveries in the ...
- Banks give sharp lift to European shares 23 Nov 2009 18:10 GMT
... data boosting optimism on the economy and banks and commodity shares gaining. The FTSEurofirst 300 index of ... Federal Reserve official James Bullard said the central bank should keep alive its mortgage-related assets ... rose between 2.7 and 3.8 percent. Lloyds Banking Group rose 3.8 percent after it said ...
- Commodities, banks boost European shares 23 Nov 2009 10:50 GMT
... Federal Reserve official James Bullard said the central bank should keep alive its mortgage-related assets ... was up 1 percent after selling its Ugandan interests to Italy's Eni, while BG Group ... said Bernard McAlinden, strategist at NCB Stockbrokers. Banks added the most points to the index. HSBC, Banco ...
- FTSE breaks losing streak; banks, commods surge 23 Nov 2009 19:01 GMT
... * Banks rally as risk appetite returns * Mining, energy ... a four-day losing streak, with commodity and banking stocks rallying after comments by a senior ... sale by Heritage Oil of its Ugandan operations, in which Tullow is a 50 ...
- Glance-FTSE breaks losing streak; banks, commods surge 23 Nov 2009 17:50 GMT
... By David Brett LONDON, Nov 23 (Reuters) - Britain's ... a four-day losing streak, with commodity and banking stocks rallying after comments by a senior ... the sale by Heritage Oil of its Ugandan operations, in which Tullow is a 50 ...
- FTSE breaks losing streak as banks, commods surge 23 Nov 2009 17:54 GMT
... The top share index finished up 104.09 points, or ... which has buoyed interest in mining and banking shares across the board," he added. St. ... the sale by Heritage Oil of its Ugandan operations, in which Tullow is a 50 ...
- Commodities, banks power FTSE rise 23 Nov 2009 10:06 GMT
... said it had agreed to sell its Ugandan interests to Italy's Eni for up to $1.5 billion. Banks, which tend to be beneficiaries of increasing risk ... Bank of Scotland added 2.4-3.1 percent. Lloyds Banking Group added 2.5 percent after it said ...
- Uganda's shilling little changed vs dollar 23 Nov 2009 09:35 GMT
... KAMPALA, Nov 23 (Reuters) - Uganda's shilling was little changed against the dollar ... importers, dealers said. At 0715, leading commercial banks posted the local unit at 1,870/77 versus the ...
- Cross-Border Trade Grows But 23 Nov 2009 10:33 GMT
... which controls roughly over 50% of the banking industry. Other South African companies making a ... fray in the financial sector with three banks registering, these are Bank PHB, United Bank ... banks already in the market include Kenya Commercial Bank (KCB), Equity Bank and Fina Bank. ...
- Nakumatt Sets Sh1.8 Billion Price for Sale of 30 Per Cent Stake 23 Nov 2009 12:32 GMT
... medium term syndicated loan from four local banks. The sale price puts Nakumatt's total worth at about ... a major jolt in 2006 after the Central Bank of Kenya put one of its bankers, Charterhouse Bank, under statutory management. A strong ...
- Capital markets future is promising 23 Nov 2009 23:51 GMT
... Uganda’s stock market has become a boiling point of interest from the public since the ...
- Housing and retail news give TSX a boost 23 Nov 2009 22:51 GMT
... agreed to sell its stakes in two Ugandan fields to Italy's Eni SpA for up ... ahead of earnings reports from the big banks over the next couple of weeks. "I don't think the ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- TSX closes up, gold at another record high; housing data helps take N.Y. ahead 23 Nov 2009 23:17 GMT
... agreed to sell its stakes in two Ugandan fields to Italy's Eni SpA for up ... ahead of earnings reports from the big banks over the next couple of weeks. "I don't think the ... also helped along by comments by U.S. central bank officials. "The Chicago Federal Reserve president ...
- Whose Community is It Anyway? [opinion] 23 Nov 2009 10:00 GMT
... often ran aground on the reality of bankers coming out of the shadows and placing ... the real owners. Likewise, much of Uganda's banking sector in the 1960s was actually owned by European banks through a simple but clever formula: The local ...
- Glance-FTSE gains 1.7 pct, fuelled by strong commods 23 Nov 2009 12:50 GMT
... prices, while improved risk appetite also boosted banks. At 1209 GMT, the FTSE 100 index was ... Rio Tinto gained 3.8 to 4.8 percent. Banking issues, which tend to be beneficiaries of ... the sale by Heritage Oil of its Ugandan operations, in which Tullow is a 50 ...
- PRESS DIGEST - Financial Times - Nov 23 23 Nov 2009 03:52 GMT
... alternatives to debt-driven growth. FEARS FOR FREE BANKING FROM COURT CASE The new Supreme Court ... rule on whether the charges are unfair. Banks could be forced to pay out hundreds of ... to sell the company's oil fields in Uganda to Italian Energy Group Eni ( ), ...
- Glance-Commodities, bank gains power 1.7 pct rise in FTSE 23 Nov 2009 10:12 GMT
... stocks, while improved risk appetite also boosted banks, pushing Britain's top share index 1.7 percent higher ... said it had agreed to sell its Ugandan interests to Italy's Eni for up to ... Bank of Scotland added 2.4-3.1 percent. Lloyds Banking Group added 2.5 percent after it said ...
- FTSE breaks losing streak on stronger commodities 23 Nov 2009 19:27 GMT
... LONDON - Britain's top share index ended sharply higher, ... a four-day losing streak, with commodity and banking stocks rallying after comments by a senior ... the sale by Heritage Oil of its Ugandan operations, in which Tullow is a 50 ...
- European shares close sharply higher 23 Nov 2009 17:25 GMT
... The top share index finished up 104.09 points, or ... which has buoyed interest in mining and banking shares across the board," he added. St. ... the sale by Heritage Oil of its Ugandan operations, in which Tullow is a 50 ...
- FTSE breaks losing streak 23 Nov 2009 18:15 GMT
... The top share index finished up 104.09 points, or ... which has buoyed interest in mining and banking shares across the board," he added. St. ... the sale by Heritage Oil of its Ugandan operations, in which Tullow is a 50 ...
- Rebel Leader to Seek Protection From Sudan Army 23 Nov 2009 06:13 GMT
... the joint offensive of the armies of Uganda, Congo and Southern Sudan. "Before the December ... of which were still buried in river banks and hills in Southern Sudan. "For example in ...
- FTSE 100 buoyed by mining and energy shares 23 Nov 2009 13:23 GMT
... said it had agreed to sell its Ugandan interests to Italy's Eni for up to $1.5bn. Banks, which tend to be beneficiaries of increasing risk ... Royal Bank of Scotland added 2.4-3.1pc. Lloyds Banking Group added 2.5pc after it said it ...
- FTSE up 1.7 pct, fuelled by commodities 23 Nov 2009 14:03 GMT
... At 12:09 p.m., the FTSE 100 index was 90.46 ... Rio Tinto gained 3.8 to 4.8 percent. Banking issues, which tend to be beneficiaries of ... the sale by Heritage Oil of its Ugandan operations, in which Tullow is a 50 ...
- Footsie 100 points higher 23 Nov 2009 17:33 GMT
... of existing debt for contingent capital. Other banks, including were among the best performers. Confectionery company ... interests in blocks 1 and 3A in Uganda for $1.5bn. The first half of the ... 1,677.50p +4.00% Lonmin (LMI) 1,760.00p +3.96% Lloyds Banking Group (LLOY) 91.47p +3.77% Rio Tinto (RIO) ...
- Telecoms Firms Grow Mobile Money 23 Nov 2009 10:15 GMT
... Nairobi — MTN Uganda and Vodacom Tanzania are among six beneficiaries ... who buy and sell agricultural produce, to banking services. The simplicity and security of the ...
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