Finance, Loans
SBG Securities, a subsidiary of Stanbic Uganda Holdings Limited (SUHL), has called on Uganda’s pensions sector to play a more strategic role in financing the country’s long-term economic transformation, saying the industry’s growing pool of long-term savings can become a powerful catalyst for achieving the government’s ambition of growing the economy tenfold by 2040. The…
Delegates pose for a photo during the 15th Annual Mineral Wealth Conference held from 29th to 30th September at Speke Resort Munyonyo Equity bank has reaffirmed itas commitment to Uganda’s mining and extractive sector, with a particular focus on expanding financial inclusion among artisanal and small-scale miners. The Bank’s commitment comes as more than 1,500…
The East African Development Bank (EADB’s) decision to appoint Anne Juuko as Director General, effective October 2, 2026, brings an end to a leadership vacuum that lasted nearly two years and exposed weaknesses in the recruitment process for one of the region’s key development finance institutions. What should have been a routine succession after Vivienne…
Industry players have been urged to support the growth of Uganda’s mineral sector to unlock its potential through appropriate financing and investment options that will spur its growth and enable the country to attain its US$500 billion GDP target by 2040. The call was made during the 15th Annual Mineral Wealth Conference held under the…
Absa Bank Uganda, in partnership with Makerere University, has trained 17 journalists from leading media houses across the country in financial, business and data-driven reporting through the 2026 Absa-Makerere Journalism Masterclass. The two-day training, held at Makerere University, is the second edition of the masterclass under a three-year partnership aimed at strengthening capacity in specialised…
By Dr Enock Nyorekwa Twinoburyo As an investor, I am certainly thrilled by the news of NSSF’s 22.53% interest rate. A windfall reap is appreciable. For millions of members who have entrusted their savings to the Fund, such a return is welcome news. It is also a remarkable increase from the 13.5% declared last year…
By Prof. Augustus Nuwagaba (PhD), Deputy Governor Bank of Uganda When a Ugandan farmer sells a bag of coffee, the real question is not only: How much have I earned? The bigger question is: What can I purchase with the money I have earned? That is the real meaning of Terms of Trade (ToT). In…
The Uganda shilling strengthened against the dollar today, supported by healthy dollar inflows from both local interbank participants and offshore investors, against a backdrop of subdued corporate demand, according to Absa Bank Uganda market report. According to the report, the shilling opened the trading session at 3925 / 3935, the local currency gradually gained ground…
Equity Bank Uganda is positioning itself to play a bigger role in financing businesses trading between Uganda and Kenya, with the lender committing to develop financial solutions for members of the newly launched Business Network Uganda (BNU). Speaking at the launch of the network, Equity Bank Uganda Chief Financial Officer Richard Muraguri said the bank…
Uganda’s drive to add value to its agricultural and manufactured products took centre stage as more than 150 investors and business leaders from 10 countries toured local enterprises under Equity Group’s 2026 Uganda Trade and Investment Roadshow. The investors visited Zigoti Coffee Works Limited, Roofings Limited and RZ Innovations Limited on Tuesday, September 15, following…
