Regions
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FINCA commits over Shs 100mln to support flood-affected Kampala traders
KAMPALA, January 25, 2026 — FINCA Uganda has committed more than Shs100 million towards a relief initiative aimed at supporting traders whose businesses were severely affected by flash floods caused by heavy…
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Africa’s gas monetisation opportunity: Balancing exports and domestic demand
CAPE TOWN, January 25, 2026— Africa’s natural gas potential is undeniably significant, with the continent ranking second globally in terms of discovered but undeveloped gas resources. According to the African Energy Chamber’s…
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Nedbank moves to acquire 66 percent stake in NCBA Group
KAMPALA, January 24, 2026 — NCBA Group PLC [NCBA] has announced that it has received a Strategic Investment Proposal and a Notice of Intention [NOI] from Nedbank Group Limited to acquire approximately…
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ISO seeks extra Shs 218bln to enhance intelligence, monitor PDM funds
KAMPALA, January 24, 2026 — The Internal Security Organisation [ ISO ] has asked Parliament for an additional Shs 218 billion in the 2026/27 financial year [FY] to strengthen intelligence collection and…
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Afreximbank terminates its credit rating relationship with Fitch Ratigs
KAMPALA, January 24, 2026 — African Export-Import Bank [ Afreximbank ] has today officially terminated its credit rating relationship with Fitch Ratings. This decision follows a review of the relationship, and its…
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IMF warns of rising fiscal risks in Uganda
KAMPALA, January 24, 2026 — The International Monetary Fund [ IMF ] has painted a cautiously optimistic picture of Uganda’s economic outlook while warning that growing fiscal pressures and debt vulnerabilities could…
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Over 200,000 customers to gain power as Absa, UEDCL seal Shs 175bln financing deal
KAMPALA, January 23, 2026 — More than 200,000 households and businesses across Uganda are set to gain access to electricity following the recent signing of a landmark financing agreement between Absa Bank…
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Kole fish farmers call for regional hatchery to boost productivity
KOLE, January 23, 2026 — Fish farmers in Kole district have appealed for the establishment of a regional fish hatchery to address the shortage of fingerlings and improve productivity in the sector.…
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Increased revenues realised from lotteries and gaming
KAMPALA, January 23,2026 – – Legislators on the Committee of Finance, Planning and Economic Development have lauded the revenue collection performance of the National Lotteries and Gaming Regulatory Board [NLGRG]. According to…
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Uganda’s economic activity strengthens as business confidence rises and inflation holds steady
KAMPALA, January 23, 2026 — Uganda’s economic activity continued to strengthen in the months leading up to December 2025, supported by improving business confidence and favourable demand conditions, according to the Performance…
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