Finance & Banking
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Gov’t considers issuing corporate bonds to fund state-owned enterprises
KAMPALA, May 13, 2025 –– Government is exploring plans to issue corporate bonds in the upcoming financial year as a strategy to raise capital for state-owned enterprises, and to rejuvenate the country’s…
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WOCCU and WFCU to continue supporting for Ukraine’s credit unions despite USAID cuts
MADISON, Wis., May 12, 2025 —World Council of Credit Unions [ WOCCU ] and its strategic partner, Worldwide Foundation for Credit Unions [WFCU] say that vital support for Ukraine’s credit union sector…
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UBA unveils theme for 2025 Annual Bankers Conference
KAMPALA, May 8, 2025 — The Uganda Bankers Association [ UBA ] says the upcoming 2025 Annual Bankers Conference, set to take place on July 29, at the Serena Hotel Kampala will…
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Afreximbank Launches US$ 1 Billion Africa Film Fund To Transform The Continent’s Creative Industry
KIGALI, May 8, 2025 — African Export-Import Bank [ Afreximbank ] , through its development impact investment arm, the Fund for Export-Development in Africa [FEDA], has committed to spearhead the launch of…
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Equity Bank empowers Uganda’s top 2024 UACE students
KAMPALA, May 7, 2025 – Equity Bank Uganda is nurturing the next generation of leaders by mentoring 100 exceptional students who excelled in the 2024 Uganda Advanced Certificate of Education [UACE] examinations.…
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Amadou Hott, AfDB presidential candidate, unveils a vision for Africa’s self-reliance
WASHINGTON D.C., May 7, 2025 — Amadou Hott, former Vice President of the African Development Bank [AfDB] and former Minister of Economy, Planning and Cooperation of Senegal has laid out his bold…
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Court clears Kotido officials in Emyooga funds mismanagement case
KOTIDO, May 6, 2025 – The high-profile case involving the alleged mismanagement of Emyooga funds in Kotido district has ended in acquittal, after the prosecution failed to present any witnesses or substantive…
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President Samia praises cooperative sector at launch of Co–operative Bank of Tanzania
DODOMA, May 5, 2025 – President of Tanzania, Dr Samia Suluhu Hassan, has praised the ongoing progress of the country’s cooperative sector, noting its role in enhancing productivity and improving the livelihoods…
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Emyooga programme boosting saving culture in Uganda as savings reach Shs 87bln
HOIMA, May 5, 2025 –– Dr. Emanuel Aliba Kiiza, Chairperson of the Board at the Microfinance Support Centre [MSC], has hailed the government’s Emyooga programme for significantly improving Uganda’s saving culture, especially…
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Credit unions in US continue campaign to maintain tax exemption
NEW YORK, May 3, 2025 – – US credit union leaders have been engaging with Federal Government and Congress officials as part of their efforts to maintain the industry’s tax exemption. In January, America’s Credit…
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