Finance & Banking
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Commercial lending rates in Uganda to remain unchanged, BoU says
KAMPALA, December 11, 2025 — Commercial lending rates in Uganda are expected to remain unchanged, supported by stable macroeconomic conditions marked by low inflation, anticipated economic growth, and a steady Central Bank…
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Afreximbank says Africa must raise factoring volumes to at least €240bln to support SME-led transformation
KAMPALA, December 10, 2025 — Afreximbank has highlighted the critical importance of factoring and supply chain finance [SCF] in narrowing Africa’s Small and Medium Enterprises [SMEs] financing gap and building resilient value…
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BoU warns of rising global risks as Uganda’s financial system remains resilient
KAMPALA, December 9, 2025 — Uganda’s financial system remains stable and resilient despite mounting global economic uncertainties, Governor of the Bank of Uganda [BoU], Michael Ating-Ego, said on Thursday during the 10th…
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Tanzania: Joint registration of tobacco farmers kicks off in Tabora Region
DODOMA, December 6, 2025 —The Tanzania Cooperative Development Commission [TCDC], the Tanzania Federation of Cooperatives [TFC], the Tanzania Insurance Regulatory Authority [TIRA], the Tanzania Agricultural Insurance Consortium [TAIC], financial institutions, and stakeholders…
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Parliament approves Shs 8 trillion supplementary budget
KAMPALA, December 3, 2025 — Parliament has approved over Shs 8 trillion in supplementary funding for financial year 2025/2026, to support key development projects including road infrastructure, health and agriculture services, among…
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Developing countries’ debt outflows hit 50-year high during 2022-2024
KAMPALA, December 3, 2025 — Developing countries paid out US$ 741 billion more in principal and interest on their external debt than they received in new financing between 2022 and 2024—the largest…
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Colombo event highlights urgent need for cooperative capital reforms
COLOMBO, November 29, 2025 — The 17th ICA–AP Regional Assembly in Colombo, Sri Lanka, hosted a powerful and insightful discussion during a session titled “Tackling the Cooperative Capital Conundrum with Resilient Financing.”…
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Stanbic Ongea Digital Creators Summit launched in Kampala
KAMPALA, November 28, 2025 — Stanbic Bank Uganda in partnership with Uganda Communications Commission [UCC], Ongea Africa and the Uganda Digital Society have launched a new national platform aimed at equipping young…
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Climate finance: from transition to transformation
By Rumi Mahmood LONDON, November 27, 2025 — Physical climate risk has become one of the most consequential forces shaping global markets. What once appeared as an external environmental issue now registers…
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Stanbic Bank, FinCom launch first fully digital lending solution for schools
KAMPALA, November 25, 2025 — Stanbic Bank Uganda has partnered with FinCom Technologies, creators of the SchoolPay platform, to unveil the country’s first fully digital lending system designed specifically for schools. The…
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