Finance & Banking
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Standard Chartered, Rotary Club launch Skills for Change Cohort 2026 to empower vulnerable youth
KAMPALA, August 15, 2026 — Standard Chartered Bank Uganda, in partnership with the Rotary Club of Muyenga Tankhill, has launched the Standard Chartered–Rotary Skills for Change Cohort 2026, a six-month youth empowerment…
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WBG invests US$ 25mln in Jumia to expand Africa’s digital commerce
KAMPALA, August 13, 2026 — The World Bank Group [WBG] is investing in Africa’s digital commerce infrastructure to help small businesses access new markets, create jobs and expand economic opportunities across the…
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Standard Chartered marks 114 years of presence in Uganda
KAMPALA, August 13, 2026 — Standard Chartered Bank Uganda has marked 114 years of continuous operations in the country, celebrating its longstanding contribution to Uganda’s financial sector and its role in connecting…
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Uganda’s public debt remains sustainable, says finance minister
KAMPALA, August 12,2026 – The Finance Minister Henry Musaisizi, has comforted Parliament that Uganda’s public debt remains sustainable over the medium to long term, despite a significant increase in the country’s debt…
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IsDBI secures Singapore patent for smart market stabilisation system
JEDDAH, August 11, 2026 — The Islamic Development Bank Institute [ IsDBI ] has secured a patent from the Intellectual Property Office of Singapore [IPOS] for its Smart Stabilisation System, a digital…
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Cut lending rates for manufacturers to boost industrial growth, minister urges banks
KAMPALA, August 11, 2026 — State Minister for Trade David Bahati has urged commercial banks in Uganda to reduce lending rates for manufacturers to enable the sector to grow. Bahati said the…
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BoU launches FX swap curve to boost transparency in forex market
KAMPALA — August 10, 2026 — The Bank of Uganda [BoU] has launched the Uganda Foreign Exchange [FX] Swap Curve, a new financial market benchmark aimed at improving pricing transparency and supporting…
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ABC Capital Bank targets retail banking and digital expansion in next phase of growth
KAMPALA, August 8, 2026 — ABC Capital Bank Limited has unveiled a new growth strategy centred on digital transformation and expansion into retail banking as it seeks to build on recent gains…
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BoU plans Diaspora Bond, National Switch to unlock Shs 9.3trn in diaspora wealth
KAMPALA, August 6, 2026 — The Bank of Uganda [BoU] has unveiled plans to introduce a Diaspora Bond and a National Switch for payments as part of a broader strategy to transform…
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House backs Museveni on lower plastics tax, casino winnings levy
KAMPALA, August 5, 2026 — Parliament has adopted President Yoweri Museveni’s recommendations on the Excise Duty [Amendment] Bill, 2026 and the Income Tax [Amendment] Bill, 2026, retaining a lower excise duty on…
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