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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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World investor week: Reflecting on financial fitness and future planning

World investor week: Reflecting on financial fitness and future planning

The World Investor Week 2024 is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirement plans. The journey to financial security is not easy and often requires lifestyle adjustments, such as swapping luxu

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Karamoja gets Shs20 billion EU project to enhance food security

Karamoja gets Shs20 billion EU project to enhance food security

The Permanent Secretary Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) Maj. Gen. David Kasura has said the European Union funded improving food security and resilience of food production systems project is set to enhance resilience and support sustainable food and nutrition s

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Top sustainability strategies for small businesses

Top sustainability strategies for small businesses

The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their

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Mobile phone subscribers now spending more on data than calls

Mobile phone subscribers now spending more on data than calls

Mobile phone subscribers in Uganda are now spending an average of Shs13,365 per month on mobile phone services, according to a report by Uganda Communications Commission (UCC). The report, which reviews the quarterly performance of the telecommunication sector, indicates that the average

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All Teachers to Get Phased Pay Raise – Museveni

All Teachers to Get Phased Pay Raise – Museveni

KAMPALA – President Museveni has told public school teachers across Uganda that the government remains committed to enhancing their salaries, but the increase will be implemented in phases. Speaking at the

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Green Finance: Uganda's farming lifeline

Green Finance: Uganda's farming lifeline

Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi

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At 62: Singapore innovates, Uganda struggles with waste

At 62: Singapore innovates, Uganda struggles with waste

The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,

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What other players give savers eager to grow money

What other players give savers eager to grow money

If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab

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