Banking & Finance

Uganda budget to tackle high price increases

Uganda, budget, tackle, high, price, increases, PAC, Syda Bbumba, Nandala Mafabi

Uganda's Finance minister Syda Bbumba is expected in the next few weeks to present the 2011/2012 national budget amidst the spiralling cost of fuel, food and other basic commodities prices that have affected most of the people struggling to earn a living leading to protests in various parts of the country

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Rating on Development Bank of Southern Africa affirmed at 'BBB+'; outlook stable

Rating, standard &  poor, standard and poor, Development, Bank, Southern, Africa, 'BBB+'; outlook, stable, south, DBSA, SADC

Standard & Poor's Ratings Services have affirmed its 'BBB+' long-term foreign currency issuer credit rating on the Development Bank of Southern Africa as well as the 'A' long-term local currency rating

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Wema Bank selects Infosys' Finacle to enhance retail banking services

Infosys, Wema Bank, Nigeria, Finacle, banking, retail, market, e-banking, treasury, Computer Warehouse Group, partner, Olayinka Oni, customer, Sanat Rao, Africa

Infosys Ltd and Wema Bank recently announced that the Nigerian commercial bank has selected Finacle as its banking solution, aimed at strengthening its retail banking services over 150 branches in its home market.

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The East African shilling: Reality or Myth?

five-nation, East, African, Community, Burundi, Kenya, Rwanda, Tanzania, Uganda, Eurozone, Monetary Union

The five-nation East African Community, comprising Burundi, Kenya, Rwanda, Tanzania and Uganda, has ambitious plans of establishing a Eurozone’s style Monetary Union with a single currency by next year; how realistic is this goal?

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Regional currency updates for July

Regional, currency, updates, July, africa, China, dollar, USA, CFA, SSA, spain, italy, Ghana

Africa's conflicting trends reflect wider uncertainty

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