Finance & Banking
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FY 2025/2026: Gov’t releases Shs 529bn for PDM SACCOs
KAMPALA, November 18, 2025 — Government has this morning announced the release of the first tranche of Shs 529 billion for the capitalisation of Parish Development Model Savings and Credit Cooperative Organisations…
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Form SACCO to boost your financial status, politicians urged
LIRA CITY, November 17, 2025 — The Members of the Association of Urban Speakers Council of Northern Uganda have been urged to form a Savings and Credit Cooperative Organisation [ SACCO ]…
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BoU boss calls for bold national shift towards data-driven growth
KAMPALA, November 15, 2025 — Bank of Uganda [BoU] Governor Michael Atingi-Ego has urged Uganda to take decisive steps to position itself at the centre of the global data and Artificial Intelligence…
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EAC begins building regional instant payment network with Rwanda-Tanzania pilot
KAMPALA, November 13, 2025 — In an innovative move set to revolutionise how people send and spend money across East Africa, Rwanda and Tanzania have commenced bi-lateral discussions on technical modalities to…
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Sebei widows and widowers launch SACCO to boost economic empowerment
KAPCHORWA, November 13, 2025 — The Sebei One Widows and Widowers Association has launched a Savings and Credit Cooperative Organisation [SACCO] to promote economic empowerment, savings and investment among widows and widowers…
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First-ever mobile coop clinic launched in Mbarara with special focus on mobilising capital for new Cooperative Bank
MBARARA CITY, November 13, 2025 – The Ministry of Trade, Industry and Cooperatives [MTIC], through the Office of the Registrar of Cooperatives, has launched its first-ever mobile coop clinic in Mbarara City,…
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UDB invests Shs 95 billion in Lango to boost regional economic growth
LIRA CITY, November 12, 2025 — The Uganda Development Bank [ UDB ] has invested more than Shs 95 billion in 30 key projects across the Lango Sub-region as part of efforts…
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High cost of digital transactions impeding financial inclusion in Uganda- Central Bank
KAMPALA, November 11, 2025 – Uganda’s Central Bank, the Bank of Uganda [BoU] has identified the high cost of digital transactions as one of the major obstacles to achieving full financial inclusion…
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The financial sector can be profitable, principled, and purposeful
KAMPALA, November 10, 2025 — Modern finance has evolved beyond traditional profit-driven models. Today, it must also serve as a catalyst for sustainable development, climate resilience, and inclusive growth. However, several challenges…
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All Eyes on Africa as United Arab Emirates (UAE) announces $6bn Tourism Investment Plan
KAMPALA, November 8, 2025 — As Africa records the fastest tourism growth globally, the United Arab Emirates [UAE] is set to inject US$ 6 billion into the continent’s travel and hospitality sector…
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