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…
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…
The Uganda shilling continued to trade under pressure today, primarily driven by sustained corporate demand amid weaker dollar inflows, according to Wednesday Absa Bank Uganda Market report. Additionally, offshore investor appetite for foreign currency remained elevated amid global dollar strength. The unit closed the day trading at 3705/3715, softer compared to the opening levels of…
By Prof Augustus Nuwagaba, PhD, Deputy Governor Bank of Uganda Every successful economy has built its prosperity on productivity. Whether a nation like Uganda or an individual person, we must constantly ask ourselves: How can we produce more, waste less, and create greater value from our resources? Take a farmer with one acre of land….
Fatimah Nanfuma a restaurant owner in Namatala, Mbale City preparing a meal for her customers using the improved cookstoves Uganda continues to face a significant household energy challenge, particularly in rural communities where access to modern energy sources remains limited. The vast majority of families rely on biomass fuels such as firewood and charcoal, burned…
Equity Bank Officials visiting one of the Refugee settlement areas As the world marks World Refugee Day, a growing number of displaced families in Uganda are moving beyond survival and building sustainable livelihoods through access to financial services. Every year on June 20, World Refugee Day reminds the world that behind every statistic is a…
Participants from the 4th Cohort of the Business Rescue and Aftercare Program (BRAP) pose for a group photograph with the Registrar General of URSB, Mercy K. Kainobwisho (centre), the Country Manager of IDLO, Barbara Kilei (centre), and URSB staff at the Uganda Business Facilitation Centre (UBFC), Kololo, at the opening of the training in September…
By Richard Nsubuga, Head of Trading Absa Bank Uganda The Uganda shilling registered gains during the week with support seen coming from strong dollar inflows from commodity exporters and offshore investors amidst demand from corporates who preferred to reserve their shilling liquidity as they pay their end of Financial Year tax obligations. Additionally, positive headlines…
MTN Uganda has appointed Marvin Ncube as a non-executive director to its Board of Directors, effective June 10, 2026, following the resignation of Sugentharen Perumal from the Board. The appointment was announced by the company in line with the Uganda Securities Exchange Listing Rules 2025. Ncube is a finance executive with more than 20 years…
Ogwal watering cocoa seedlings in Acang farm estates located in Lira city For decades, cocoa cultivation was considered impossible in Lira and the wider Lango sub-region. Farmers believed the area’s rainfall patterns, heat, and soil conditions could not support a crop traditionally associated with wetter regions such as Bundibugyo or West Africa. Today, that assumption…
