Tag Archives: FACEOFF

A storm is brewing in global finance after the African Export-Import Bank, popularly known as Afreximbank, terminated its credit rating relationship with Fitch Ratings in a move that has sent shockwaves through African financial markets. In a sharply worded public statement, Afreximbank said the credit rating exercise “no longer reflects a good understanding of the Bank’s Establishment Agreement, its mission, …

  By Amos Tayebwa – Mbarara A dispute has erupted between the office of the Mbarara City Resident Commissioner (RCC) and Mbarara City Council leaders over the organisation of barazas (public accountability meetings), leaving residents confused and divided. At the start of this week, both the RCC’s office and the City Council rolled out separate schedules for barazas, each claiming …