For the best experience, please enable JavaScript in your browser settings. Shares in Imperial Bank’s Ugandan subsidiary have been sold to a Tanzanian bank for an ...

In a statement Bank of Uganda (BoU) said it had "recently sold 58.6 percent ordinary shares of Imperial Bank (Uganda) Ltd, formerly held by Imperial Bank (Kenya) Ltd, to Exim Bank (Tanzania) Ltd." ...

Having failed to get pledged funding from the Export-Import Bank of China for the long-delayed $2.2-billion, 273-km (170-mile) Standard Gauge Railway (SGR) project, Uganda has ended its contract with ...

The Ugandan government may lose Entebbe International Airport over a 2015 Chinese loan borrowed by the President Yoweri Museveni-led administration. In November 2015, the Uganda government signed an ...

NAIROBI (Reuters) - China's Exim Bank has expressed interest in financing the third section of Kenya's planned rail link with Uganda at an estimated cost of $4.9 billion, a senior Kenya Railways ...

On November 25, 2021, an article appeared in Uganda’s national newspaper the Daily Monitor with the headline: “Uganda surrenders airport for China cash.” The article pointed to “toxic clauses” in the ...

Shares in Imperial Bank’s Ugandan subsidiary have been sold to a Tanzanian bank for an undisclosed amount. Imperial Bank of Kenya had a 58.6 per cent stake in the Ugandan unit, which gave it control.