The Uganda shilling extended its losses today touching the session’s low of 3930 / 3940 in the mid-trading hours of the day before retracing, closing the day at UGX 3920 / 3930 levels, according to Absa Bank Tuesday market report. Demand was primarily driven by corporates in the energy and manufacturing sectors, with offshore participants…
The Uganda shilling extended its losses today touching the session’s low of 3920 / 3930 in the mid-trading hours of the day before retracing, closing the day at UGX 3890 / 3900 levels, according to Absa Bank daily market report. Demand was primarily driven by corporates in the manufacturing, energy and telecom sectors, with offshore…
By Simon Ssekankya Nsubuga, Managing Director Hardware World Ltd For most Ugandans, building a home is not something that happens overnight. It takes years of saving, borrowing and making sacrifices. So, when the walls are finally up and it is time to put on the roof, the first question is often simple, “How much is…
Absa Bank Uganda is calling for greater focus on converting Uganda’s growing pipeline of investment opportunities into financed projects and productive businesses, as the country seeks to accelerate investment across energy, infrastructure, minerals, manufacturing and technology. Attracting investor interest is only part of the challenge. Converting that interest into investment requires projects and businesses with…
Stanbic Uganda Holdings leaders, led by Mark Ocitti Ongom and Mumba Kalifungwa, pose for a group photo with stakeholders during a customer engagement session at Brovad Sands Hotel in Kalangala District. When David Balironda Mukasa walks through his oil palm plantation in the island district of Kalangala, he sees more than a source of income….
Minister of Trade, Industry and Cooperatives Hon. Sanjay Tanna and Equity Bank Executive Director Claver Serumaga in the middle along with delegates at Equity Bank Trade and Investment Roadshow More than 150 business leaders, investors, policymakers and private-sector players from 10 nationalities have converged in Kampala for the 2026 Uganda Trade and Investment Roadshow, seeking…
UWA and the Wildlife Conservation Society (WCS) have officially launched the Ishasha Collaborative Management Partnership, aimed at strengthening conservation, restoring the lion population and improving the management of the Ishasha sector in Queen Elizabeth Protected Area. The partnership brings together UWA and WCS in a long-term collaborative approach that will focus on strengthening protected area…
The Uganda shilling came under pressure this week against the US dollar, opening stable at 3775/ 3785 as dollar demand from importers and corporates was adequately matched by inflows from exporters and remittance companies. According to Absa Bank weekly market report, the local unit came under increasing pressure from Tuesday as strong corporate and interbank…
KURA Board & Management join State Minister for Finance & Planning Amos Lugoloobi for a group picture at the launch KURA Asset Management has entered Uganda’s investment management market, targeting a growing pool of individuals, families and institutions looking beyond traditional savings towards professionally managed investments and long-term wealth creation. The entry comes amid significant…
Stanbic Bank Uganda has donated 35 solar-powered street lights valued at approximately UGX100 million to Kabale University as part of activities marking the bank’s 35 years of operations in Uganda under the Standard Bank Group. The donation will improve safety, security and visibility across the university campus while promoting the use of clean and renewable…
