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Uganda Observes World Cultural Day

Uganda Observes World Cultural Day

Uganda joined the global community in celebrating the World Day for Cultural Diversity for Dialogue and Development, focusing on the power of cultural heritage and the creative economy to promote national cohesion and development.Presiding over the national event, Minister of State for Gen

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Outdated HIV Kit Supplier ABBOTT accused of Secretly financing Politicians in Health Ministry to Sabotage safer Testing rollout

Outdated HIV Kit Supplier ABBOTT accused of Secretly financing Politicians in Health Ministry to Sabotage safer Testing rollout

Uganda’s Ministry of Health is at risk of losing critical funding from the Global Fund, one of the largest donors in the fight against HIV/AIDS, amid explosive allegations that ABBOTT Laboratories, a supplier of HIV test kits, is covertly financing influential

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Uganda is on a Mission to Change Its Destiny

Uganda is on a Mission to Change Its Destiny

The Permanent Secretary of the Ministry of Finance Ramathan Ggoobi, who is also the Secretary to Treasury has said Uganda is on a mission to change its destiny, noting that in 15 years from now, naysayers will be proved wrong.“ We are people on a mission. Some people think we are still i

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Govt Targets Grassroots Prosperity with Expanded Wealth Creation Budget

Govt Targets Grassroots Prosperity with Expanded Wealth Creation Budget

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

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Boda Boda Union Launches Asset Financing and Diversification Initiatives

Boda Boda Union Launches Asset Financing and Diversification Initiatives

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

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Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

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

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Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

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

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Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

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

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Govt Launches Carbon Market Regulations to Boost Climate Finance, Global Cooperation

Govt Launches Carbon Market Regulations to Boost Climate Finance, Global Cooperation

The government has launched the National Climate Change Mechanisms Regulation, a key milestone in the country's efforts to operationalise Article 6 of the Paris Agreement and tap into the growing global carbon market.Unveiled by the Ministry of Water and Environment at its headquarters in

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Mauritania’s Sidi Ould Tah Elected New President of AfDB

Mauritania’s Sidi Ould Tah Elected New President of AfDB

Sidi Ould Tah of Mauritania has been elected as the ninth President of the African Development Bank Group (AfDB), succeeding Nigeria’s Akinwumi Adesina, whose decade-long tenure ends this September.The announcement was made following a high-stakes vote by the AfDB’s Board of Governors

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