Finance Minister Henry Musasizi has called on the banking sector to reduce lending rates and increase financing to productive sectors to support Uganda’s Tenfold Growth Agenda. Speaking at the 9th Annual Bankers Conference at Marriott Hotel, Nsambya, Kampala, Musasizi said Uganda’s ambition to grow its economy from US$50 billion in FY2025/26 to US$500 billion by…
Uganda’s Economic and Commercial Diplomacy (ECD) has expanded to 34 Missions Abroad following its full rollout in FY2025/26, strengthening the country’s efforts to attract investment, expand export markets and promote tourism. The milestone was highlighted by the Finance Ministry Acting Director Budget, Hannington Ashaba, during the Annual Review of ECD High-Level Meeting with Heads of…
Uganda and the World Bank have reaffirmed their commitment to accelerating implementation of the US$4.6 billion development portfolio covering 18 operations. The commitment was made during the Uganda–World Bank Country Portfolio Performance Review, convened at Sheraton Hotel to assess implementation progress, identify delivery bottlenecks and agree on practical, time-bound actions to translate development financing into…
Pearl Bank whose purpose is to foster prosperity for Ugandans has reaffirmed its ambition to become Uganda’s leading indigenous, digitally driven and impact-focused financial institution, as the Bank accelerates lending to productive sectors, expands financial inclusion and aligns its growth strategy with Uganda’s long-term economic transformation agenda. Pearl Bank Managing Director Julius Kakeeto said the…
A delegation of Equity Members touring the Coffee Processin plant at Zigoti Coffee Works Limited Equity Bank Uganda is exploring expanded commercial credit support for Zigoti Coffee Works Limited as the family-owned company seeks to increase coffee production, value addition and access to new markets. These discussions followed an Equity Bank visit to Zigoti’s farm…
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…
