Finance & Banking
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Private sector ends 2025 with high hopes for further expansion in 2026
KAMPALA, January 8, 2026 — Ugandan companies experienced broadly unchanged employment levels and rising input costs in December 2025, following a ten-month period of job creation. Despite these pressures, business conditions continued…
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Legal dilemma : MTIC ignores BoU’s request to de-register non-compliant large SACCOs
KAMPALA, January 7, 2026 — The Bank of Uganda’s [BoU] bid to license and regulate large Savings and Credit Cooperative Organisations [SACCOs] in the country has suffered a setback after the Ministry…
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WOCCU publishes new white paper on ethical AI for credit union
KAMPALA, January 6, 2026 —World Council of Credit Unions [WOCCU] International Advocacy today released a whitepaper entitled Navigating the Ethical Landscape of Artificial Intelligence in Credit Unions that is designed to equip credit…
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aBi Trust lends to farmers, others through SACCOs
KAMPALA, January 6, 2026 — In a bid to sustainably strengthen agribusiness through Savings and Credit Cooperative Organisations [SACCOs], aBi Trust has rolled out a dedicated agricultural financing initiative targeting farmers and all…
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TDB at 40: Ggoobi lauds lender’s evolution for driving regional development
KAMPALA, January 4, 2026 — The Trade and Development Bank Group [TDB] recently marked 40 years of operations with renewed praise from government and financial sector leaders, who credit the institution’s transformation…
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Over 800 Gulu Main Market vendors receive financial literacy training
GULU CITY, January 3, 2026 — A total of 890 vendors at Gulu Main Market have received financial literacy training aimed at strengthening business growth and sustainability. The training, conducted by the…
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Equity Bank gets US$60mln trade finance transaction guarantee facility to support SMEs, drive regional trade
NAIROBI, January 1, 2026—The Board of Directors of the African Development Bank Group [AfDB] has approved a US$ 60 million Trade Finance Transaction Guarantee facility to support the trade finance activities of…
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WB flags Uganda’s fiscal pressures amid strong economic growth
KAMPALA, December 28, 2025 — Uganda’s economic growth remains robust, with real gross domestic product [GDP] rising to 6.3 per cent in the 2024/25 financial year, up from 6.1 per cent the…
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WOCCU White Paper: Alternative Identification Methods Are Driving Financial Inclusion Globally
MADISON, Wis., December 24, 2025 —World Council of Credit Unions [ WOCCU ] International Advocacy today released Understanding How Credit Unions Are Using Alternative Identification Methods Globally, a new white paper that…
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Commercial lending rates rise to 19.7 percent in October 2025 – report
KAMPALA, December 23, 2025 — Average weighted lending rates in Uganda for both shilling- and foreign currency-denominated credit edged upwards in October 2025, according to the Performance of the Economy Monthly Report…
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