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75% of Ugandans survive on wages - report ..
Jan 7th, 2025Pedson MumberePeterAccording to the National Population and Housing Census (NPHC) 2024 final report, only 24% of Ugandan households have an income-generating business en..
Uganda now officially BRICS partner country ..
BRICS, the Global South-led forum for economic cooperation, continues to grow in influence, as it seeks to de-dollarize and transform the internationa..
MTN MOMO achieves 100% growth in mobile loans..
MTN Mobile Money (MoMo) has reported outstanding growth in its digital lending portfolio, marking a 100% increase over the past 12 months. ..
Optimism as October exports surge to UGX2.7 tr..
Uganda’s export earnings surged to US$744.86 million (approximately UGX2.7 trillion) in October 2024, marking a 9% increase from US$682.69 million (..
Kenyan envoy hails economic diplomacy, coopera..
The Kenyan High Commissioner to Uganda, Joash Maangi, has acknowledged the enduring "brotherhood" between Kenya and Uganda, which he said has signific..
Top banker Kalifungwa quits ABSA for Stanbic ..
In a room full of chief executives, he easily stands head and shoulders above them - almost everyone is forced to look up to him. ..
Civil society welcomes nationwide school-feedi..
Civil society organisations (CSOs) have welcomed the setting up of a national multisectoral working group to guide the implementation of the nationa..
Bank of Uganda denies complicity in $15m theft..
The Bank of Uganda (BoU) has refuted reports that IT systems were hacked, following a multimillion-dollar scam that diverted money to bank accounts in..
Credit financing boosting smartphone access..
As Uganda accelerates efforts towards digital integration, device financing is emerging as a critical solution to bridge the digital divide and empowe..
BoU to review StanChart’s exit plan from Uga..
The Bank of Uganda (BoU) is set to assess a proposal from Standard Chartered Bank Uganda regarding the sale of its wealth management and retail bankin..