Equity Bank Uganda on Saturday convened its 2026 Diaspora Webinar under the theme “From Remittances to Investment Capital: Unlocking Diaspora Wealth for Uganda’s Economic Transformation.” The virtual engagement brought together Ugandans living across Europe, North America, the Middle East, Asia, Australia and East Africa, alongside senior government and central bank officials. Opening the webinar, Gift…
Uganda Baati has renewed its support for the Gulu City Marathon, saying the event has become an important platform for improving community health, promoting tourism and supporting development in Northern Uganda. The commitment was made during the launch of the 2026 Gulu City Marathon, where government officials, business leaders and development partners called for greater…
The Uganda shilling traded sideways during the week against the dollar in last week’s trading session, influenced by balanced greenback demand and supply, according to Absa Bank Uganda weekly market report. Demand was largely seen coming from the energy, manufacturing, and telecommunications sectors, while balancing supply was seen originating from commodity exporters, Non-Profit Organizations, and…
The Uganda shilling traded on a weaker footing against the US dollar in today’s session, depreciating from opening levels of 3730 / 3740 to close at 3745 / 3755, according to Thursday Absa Ban Uganda Market Report. The decline was driven by strong interbank dollar demand, largely influenced by heightened geopolitical tensions in the Middle…
As Uganda’s diaspora continues to send record remittances back home, Equity Bank Uganda is strengthening its efforts to help turn these financial inflows into long-term investments that create businesses, jobs and sustainable wealth. On Saturday, 1 August 2026, the Bank will host the latest edition of its Equity Diaspora Webinar Series, an initiative that equips…
Equity Bank Uganda has encouraged farmers to adopt better financial management practices, saying sound financial discipline is key to building successful and resilient agribusinesses. Speaking at the Tulime, Tulinde, Tuzimbe Agro Expo, Equity Bank Uganda Financial Literacy Trainer Philip Kiryowa urged farmers to treat farming as a business by separating personal finances from business income…
Absa Bank Uganda has recognised 13 outstanding dealer partners through the inaugural Titan Awards, a new annual initiative aimed at strengthening strategic partnerships that expand access to vehicle and asset finance, enabling businesses and individuals to invest in the productive assets that drive Uganda’s economic growth. In his remarks, David Wandera, Managing Director, Absa Bank…
The Uganda shilling strengthened against the dollar during today’s trading session, supported by subdued corporate dollar demand, according to Wednesday’s Market Report by Absa Bank Uganda. The local currency also benefited from month-end foreign exchange inflows, particularly from remittances and non-governmental organizations (NGOs). As a result, the shilling appreciated from opening levels of 3755 /…
Absa Uganda, in partnership with Reach A Hand Uganda, hosted an impactful peer-learning session at Revival Girls Secondary School in Mbarara, extending financial literacy and life skills to 345 students. The event marked another milestone in the second year of the strategic partnership built on an innovative peer-education model with Reach A Hand. The initiative…
Construction of the new St. Paul Church of Uganda Nyangilia sanctuary has received a major boost after Uganda Baati commenced roofing works on the building in Koboko District, during an event attended by various religious leaders, politicians, Christians and other well-wishers. The ceremony to hand over the roofing works to Uganda Baati Ltd was held…
