The Ministry of Finance has announced that over Shs 8.03 trillion has already been channelled into Uganda’s key wealth creation programmes—namely the Parish Development Model (PDM) and Emyooga—marking a substantial boost in efforts to transform household incomes and uplift the national econ
Uganda has been urged to reduce the high cost of sending money from abroad, with officials and development experts warning that current transfer fees are discouraging remittances and stifling diaspora-led investment.The call was made during the commemoration of the Interna
The United Boda Boda Cooperative Union has unveiled a comprehensive program aimed at enhancing the welfare of its members.This initiative introduces asset financing options, enabling riders to acquire motorcycles and land, thereby fostering economic empowerment and financial independence w
In a bid to address the low insurance penetration and rising out-of-pocket healthcare expenses in Uganda, Opportunity Bank Uganda has partnered with micro insurance provider Turaco to launch ‘Opportunity Sanyu, a micro medical cover product designed to cushion Ugandan families against medical a
L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender
The Government of Uganda, with support from international partners, has unveiled $50.4 million(Shs 191.5 billion) initiative aimed at improving rural livelihoods and accelerating economic transformation across 17 districts under the Local Economic Growth Support (LEGS) Project.Implemented
The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE
Global tech giant, Anker Innovations and Emachines Uganda have officially announced a strategic partnership aimed at enhancing the availability of quality consumer electronics in Uganda.The partnership was unveiled on Thursday at the Four Points by Sheraton Hotel in Kampala, marking a new
Works and Transport Minister Gen Edward Katumba Wamala has pledged urgent government action to restore Uganda’s collapsing highways, beginning with the Kampala–Jinja route, a key regional trade corridor now in a state of disrepair.“No highway should be allowed to deteriorate,” the
Housing Finance Bank has won two national awards for its outstanding efforts in boosting agricultural productivity and supporting Uganda’s small businesses to recover from recent economic shocks.The accolades — the Agricultural Credit Facility (ACF) Award and the Small
