A total of 165 women-led enterprises have graduated from the Green Businesses and Jobs for the Green Transformation Project, marking a major milestone in efforts to strengthen women’s entrepreneurship, create green jobs and accelerate Uganda’s transition to a sustainable economy. The graduation ceremony, organised by Stanbic Business Incubator Limited (SBIL) in partnership with GIZ, the…
The Uganda shilling strengthened against the US dollar in today’s trading session, supported by optimism surrounding the de-escalation of political tensions in the Middle East, according to Monday Absa Bank Uganda Market Report. The local currency opened the week at 3740 / 3750 and appreciated to an intraday high of 3725 / 3735. However, renewed…
Absa’s head office, based in the Johannesburg CBD. Image: Moneyweb DHL Express, the world leader in international express shipping, and Absa Group, a leading pan-African financial services provider, have signed a Memorandum of Understanding (MOU) under DHL’s GoTrade initiative to support small and medium‑sized enterprises (SMEs) across Sub-Saharan Africa to trade beyond borders and unlock…
Gift Shoko, the Manging director of Equity Bank and Professor Augustus Nuwagaba, the deputy Govenor Bank of Uganda Ugandans living abroad have been urged to move beyond sending money home for family upkeep and instead invest in businesses and other productive sectors that create wealth and support the country’s economic growth. The call was made…
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…
