Uganda has emerged among Africa’s top performers in digital connectivity, with 96% 4G population coverage, placing it ahead of most countries in the region, according to a new report by …
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Industry & TradeNational NewsNews
Why the Government invested Sh3 billion in MV Kaawa rehabilitation
The Government of Uganda has invested Sh3 billion in the rehabilitation of MV Kaawa, one of the country’s key cargo vessels, as part of ongoing efforts to strengthen inland water …
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The government has unveiled plans to borrow a total of Sh8.7 trillion (€651.44 million and $1.36 billion) to finance major infrastructure, agriculture, energy, health, and social development projects. Finance Minister …
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Banking & SavingsFinanceFintechLatest NewsNational NewsNewsTechnology
Pearl Bank’s Wendi, Stanbic Bank’s FlexiPay, Integrate to Drive Uganda’s Digital Financial Inclusion Agenda
In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution, and Stanbic Bank Uganda, the country’s largest commercial bank, have …
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EconomicsLatest NewsNational NewsNews
Uganda secures $2 Billion World Bank infusion amid debt sustainability challenge
Uganda has secured a new $2 billion concessional financing package from the World Bank, marking the restoration of a critical development partnership after nearly two years of suspended lending. The …
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Experts from Uganda National Bureau of Standards (UNBS) and African Organization for Standardization (ARSO) have launched 15 African Standards for Edible Insects and Capacity Building on Good Farming and Harvesting …
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Banking & SavingsFinanceLatest NewsNational NewsNewsSpecial Reports
NSSF Raises Interest Rates to 13.5% for Savers.
The National Social Security Fund (NSSF) has announced an increase in the interest rate paid to members’ savings, raising it to 13.5% for the 2024/25 financial year, up from 11.5% in …
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EventsLatest NewsNational NewsNewsWomen
Corporate Run 2025 Officially Launched Under the Theme “Run for Expectant Mothers”
The 3rd Annual Corporate Run has been officially launched under the theme “Run for Expectant Mothers.” This noble initiative seeks to raise awareness and mobilize resources to improve maternal health …
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President Yoweri Museveni has called for a stronger and better-capitalized Uganda Development Bank (UDB), positioning it at the heart of Africa’s drive toward financial self-reliance amid a steady decline in …
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EconomicsLatest NewsNational NewsNewsSpecial Reports
Museveni Warns Against Scattered Planning, Renews Focus on Roads and Power
President Yoweri Kaguta Museveni has once again warned against the culture of “kumemerera” a Runyankole term meaning scattering resources thinly and urged government leaders to return to the National Resistance …
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