News Uganda: Community savings groups in Uganda are good stewards of local people’s money – and of outsiders’ funds too, research shows
In remote areas of Uganda, getting to a bank can be difficult if not impossible. Luis Tato/AFP/Getty Images Imagine being unable to borrow money for basic needs or emergencies because the bank is too ...
News Uganda: Uganda’s pension sector takes aim at growth
As Uganda targets a US$500 billion economy, pension leaders say deeper savings could provide the patient capital needed for transformation Kampala, Uganda | JULIUS BUSINGE | Uganda’s ambition to ...
News Uganda: Uganda, Huawei host annual job fair to promote employment in ICT sector
Students showcase their robotic designs during a job fair in Kampala, Uganda, on Nov. 21, 2024. The Ugandan government and Chinese technology firm Huawei on Thursday launched a two-day job fair aimed ...
News Uganda: Uganda Freight Forwarding Market Shifts From Road Brokerage to Integrated Coordination
Uganda Freight Forwarding Moves Beyond Basic Brokerage: Ken Research Maps a USD 626 Million Market by 2032Uganda's freight-forwarding industry is moving into a more service-intensive phase. Ken Research estimates the market at USD 390 million in 2025 and projects it to reach USD 626 million by 2
News Uganda: Kampala Mayor Says Market Stall Builders Must Be Paid
Kampala's mayor says Uganda must pay traders who built their own market stalls before the state takes over, a promise first made in 2022 and still unpaid.
News Uganda: Buyer to Builder: Uganda’s Defence Industry Takes Off China Partnership Soars with UAV Workshop
Uganda's defence sector is undergoing a significant transformation, with China playing a pivotal role in this modernization effort. This collaboration is not just about acquiring new equipment, but also about establishing a domestic capability for research, development, and production. A Joint Venture for UAV Supremacy: The cornerstone of this partnership is the establishment of a…
News Uganda: Uganda, Nordics team up to unlock creative economy
The Minister for Youth and Children Affairs, Faith Mercy Lakisa, has reiterated the government's commitment to invest in and support the creative sector, which has become a key part of Uganda’s ...
News Uganda: How to achieve Uganda’s Tenfold Growth in a rapidly changing global economy
Last week, we attended the Economic Growth Forum. Well, Uganda has never suffered from a shortage of ideas. Our challenge has too often been converting good ideas into sustained economic outcomes. The ...
News Uganda: Uganda Orders Encroachers Off Koboko Airfield Ahead of Upgrade
Works and Transport Minister Fred Byamukama has ordered residents off the defunct Koboko airfield in Uganda, with no compensation, before a planned ...
News Uganda: Uganda Says Private Credit Must Rise 17-Fold for a US$500 Billion Economy
Uganda says private credit must rise to Shs490 trillion (about US$128 billion) by 2040 to build a US$500 billion economy, from a far lower base.
News Uganda: Uganda adopts global financial reporting standards
Certified Public Accountants launch the road map of the adoption of IFRS sustainability disclo-sure standards Uganda during the 30th ICPAU Annual Seminar in Entebbe. PHOTO/DAPHINE NAKABIRI. Uganda's ...
News Uganda: The $13tn question: Will Uganda’s newest gold deposit change the face of mining?
In July the Ugandan Government said exploration surveys in the country had revealed vast estimated gold deposits of around 31 million tonnes. Of the behemoth find, around 320,158 metric tonnes are ...
News Uganda: Study: Uganda Losing Billions Due to Inability to Stem Illicit Money
Uganda has lost billions of dollars in recent years from illegal financial flows, including tax evasion, crime, and corruption. Uganda’s Financial Intelligence Authority - set up to track illicit ...
News Uganda: Why affordable mortgage financing is key for Uganda
Mortgage financing is one such mechanism and deserves greater attention. According to the World Bank, successful economies like Denmark, Switzerland and the Netherlands have leveraged mortgage ...
News Uganda: How Wendi provides many lessons for Uganda’s financial sector
What Financial Inclusion Is Teaching Us About Uganda’s Economy COMMENT | ABDALLAH AZIZ EPALAT | It is easy, from inside the formal financial sector, to define inclusion in terms of accounts opened, ...
News Uganda: Uganda banks seek new funding models to finance $500b economy
Uganda’s ambition to grow its economy tenfold to $500 billion by 2040 cannot be financed by commercial bank lending alone, forcing the financial sector to look beyond traditional loans for the ...
News Uganda: World Bank Freezes New Loans to Uganda Over Anti-Gay Law
The World Bank will not consider granting new loans to Uganda after the country enacted a bill targeting the LGBTQ community and imposing the death penalty for some acts involving same-sex intimacy.
News Uganda: Uganda’s Mobile Money vs US Payments: Who Wins?
MTN and Airtel move money in seconds. US payment rails still take days. Here's what Uganda's mobile money gets right that American fintech doesn't.
