Uganda turns to Danish technology to boost agricultural exports
aBi Development and Access2innovation will assess agricultural value chains and identify commercially viable technologies
Section
Finance
Banking, insurance, pensions, capital markets and fintech.
Stanbic invests Shs40m to maternal care in Obongi Health Centre IV
Nedbank’s NCBA deal sharpens contest for Africa’s banking market
NCBA Bank Uganda waives digital transaction fees
NCBA Bank Uganda is waiving fees on selected digital banking transactions until Dec. 31, seeking to attract customers to its online platforms and reduce the cost of…
Africa seeks to rewrite the rules of credit risk with new rating agency
For years, African governments have complained that the way their economies are assessed by international credit rating agencies does not always reflect the realities on…
Africa launches its own credit rating agency to cut borrowing costs
Africa is taking aim at how its credit risk is assessed as the African Union launches its own continent-wide credit rating agency in Mauritius today, seeking to give…
FinanceOpinion
Africa’s new credit agency: why it’s needed
The African Peer Review Mechanism frames the new agency not as a challenger to the world’s big three – Moody’s, S&P Global Ratings or Fitch – but as complementary.
Uganda gets US$8m Iceland grant for schools and basic services
Thousands of residents in three Ugandan districts are expected to benefit from improved schools, water and sanitation services under an US$8 million (Shs32 billion)…
Uganda, EU deepen push to unlock private investment and trade
Uganda and the European Union are seeking to deepen economic ties by mobilising more private investment, expanding trade and combining development funding with financing…
UDB gets UGX104 Billion to power SME growth
The Uganda Development Bank (UDB) has clinched a USD30 million (UGX 104 billion) financing facility from the Islamic Corporation for the Development of the Private…
NSSF pays out record UGX 2.79 trillion to members
Each National Social Security Fund (NSSF) member will receive an average of UGX1 million credited on their pension account, thanks to the 13.5 percent interest rate that…
ICEA LION unit trust tops UGX 468 billion
ICEA LION Asset Management has announced a robust performance for its Unit Trust Funds for the fiscal year ending December 2024, marked by significant growth in assets…
MTN wins 2025 Employer of the Year accolade
MTN Uganda has been named Employer of the Year 2025 by the Federation of Uganda Employers (FUE), winning the Gold Category award for the second consecutive year.
NSSF bullish as earnings hit UGX3.52 trillion
The National Social Security Fund (NSSF) has posted earnings worth UGX3.52 trillion for the Financial Year ending June 30, 2025, raising hopes that the interest rate…
BoU to raise UGX355 bn in Treasury Bills auction
BoU to raise UGX355 bn in Treasury Bills auction
Uganda, Japanese bank sign financial cooperation deal
Uganda has taken a leap in attracting long-term investment, following the signing of a landmark memorandum of understanding (MoU) with the Japan Bank for International…
New Absa Bank initiative to boost rural businesses
Absa Bank Uganda has launched a series of Regional SME Forums aimed at boosting entrepreneurship and business resilience across the country.
MTN MoMo named payment partner for Trade Fair
The Uganda Manufacturers Association (UMA) has today unveiled MTN MoMo as the official payments partner for the upcoming Uganda International Trade Fair (UITF)…