Standard Chartered’s shares tumbled last week following sudden exit of Chief Financial Officer Diego De Giorgi. The bank’s London shares fell 4.1% at the market open while its Hong Kong-listed stock dropped as much as 6.4% before paring losses to stand 1.7% lower, underperforming the benchmark Hang Seng index which was up nearly 0.6%. De Giorgi stepped down from the role …
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JUMPING THE SHIP! Key opposition bigwigs defect to NRM, vow to hunt votes for M7
Key opposition parliamentary candidates have defected to the ruling National Resistance Movement (NRM), pledging to mobilise votes for President Yoweri Kaguta Museveni ahead of the 2026 general elections. The defectors were on Wednesday unveiled by Deputy Speaker of Parliament Thomas Tayebwa at the NRM headquarters at Plot 10, Kyadondo. Tayebwa paraded 15 parliamentary candidates drawn mainly from the National Unity …
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