Every June, the world celebrates Dairy Month, highlighting the vital role of dairy farming in improving nutrition, creating employment, and driving economic growth. In Uganda, the dairy sector supports millions of livelihoods and contributes significantly to the country’s agricultural GDP. Yet, ticks and tickborne diseases remain a major obstacle to increased productivity and profitability. Through…
The Uganda shilling traded under pressure during the week driven by sustained corporate demand amid weaker dollar inflows, according to Absa Bank Weekly Market Report. Dollar supply from entities paying end of Financial Year taxes wasn’t sufficient to offer support to the local unit. Additionally, offshore investor appetite for the foreign currency remained elevated amid…
The Uganda shilling pared back some of the losses recorded earlier in the week, supported by subdued dollar demand and a renewed influx of foreign currency supply on the interbank market, according to Thursday Market Report by Absa Bank Uganda. The local unit found footing as corporate dollar demand remained relatively light. The USD/UGX pair…
Uganda’s second school term is well underway but many headteachers are still wresting with a familiar problem; keeping the school running while waiting for parents to finish paying fees. Slaries, food, scholastic materials and facility upkeep all demand immediate attention, yet the money often comes in slowly. To help bridge this gap, Equity Bank Uganda…
Equity Bank through their support and commitment to Uganda’s small and medium enterprises (SMEs) are yet again partnering with KPMG and Nation Media Group (NMG) as they launched the 2026 Top 100 Mid-Sized Companies Survey, a flagship initiative designed to generate critical business insights, strengthen enterprise resilience, and unlock sustainable growth opportunities. Launched at KPMG…
From Left to Right: Equity Group Chief Strategy Officer, Brent Malahay, Group Chief Finance and Transformation Officer, Anthony Murage, Group Company Secretary and Head of Tax, Lydia Ndirangu, Group Chairman, Prof. Isaac Macharia, Group Managing Director and CEO, Dr. James Mwangi, and Group Director, Governance & Strategic HR, Victoria Cherotich, during the Group’s 22nd Annual…
NEMA ED, Dr. Akankwasah Barirega hands Absa’s Pamela Turyatunga the Green Financial Institution Award recognising the bank’s efforts in sustainable financing & environmental stewardship. Courtesy photo Absa Bank Uganda has been recognised as the Green Financial Institution of the Year at the third edition of the National Environment Management Authority (NEMA) Sustainability Awards, held last…
Quality education should never be interrupted by temporary cash flow challenges. Every school term comes with significant financial obligations. Schools must pay staff salaries, purchase food and scholastic materials, maintain facilities, and ensure learners have a conducive environment to thrive, often before tuition fees have been fully collected. This creates a funding gap that can…
KCB Bank Uganda, through the KCB Foundation, has planted 300 trees at Lake Victoria Serena Golf Resort and Spa in Kigo as part of its ongoing commitment to environmental conservation and sustainable development. The tree-planting exercise was conducted in partnership with Serena Hotels and forms part of the bank’s broader environmental, social and governance (ESG)…
Muhuza John Bosco, Head Chef at Polland Food Centre, preparing food from the restaurants smart kitchen When Polland Food Centre opened its doors in 2025, the aroma of sizzling delicacies filled the air. But behind the scenes, another scent lingered stubborn smoke from traditional charcoal stoves that were quietly burning through profits. Like many fast-growing…
