Finance & Banking
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KAMSACCO ushers in new leadership as chair retires after four years
MBARARA CITY, April 3, 2026 – Kakoba-Mbarara Co-operative Savings and Credit Society Ltd [ KAMSACCO ] has elected a new board to steer the institution for the next four years, following a…
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World Bank, IMF, and IEA form joint taskforce over Middle East war shock
KAMPALA, April 2, 2026 — The heads of the International Energy Agency [IEA], International Monetary Fund [IMF], and World Bank Group [WBG] have agreed to establish a high-level coordination group to respond…
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UN Women, Equity Bank Uganda sign deal to boost women’s financial inclusion
KAMPALA, April 2, 2026 — UN Women and Equity Bank Uganda Limited have signed a partnership agreement aimed at strengthening women’s economic empowerment and expanding access to inclusive financial services across Uganda.…
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Teacher SACCOs directed to prepare for Walimu Union AGM
KAMPALA, April 1, 2026 — Uganda’s Ministry of Trade, Industry and Cooperatives [MTIC] has directed all teacher savings and credit cooperatives [ SACCOs ] affiliated to Walimu Cooperative Union to begin preparations…
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Climate change threatens global arabica coffee supply as key growing regions face decline
KAMPALA, April 1, 2026 — Climate change is set to significantly disrupt global arabica coffee production, with up to 20 percent of current growing areas projected to become unsuitable by 2050, according…
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UDB opens Mbale regional office to boost access to finance in Eastern Uganda
MBALE CITY, March 31, 2026 — The Uganda Development Bank [ UDB ] has officially opened its Eastern Regional Office in Mbale City, a move aimed at bringing development financing services closer…
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Here is first female Chairperson of Muhame Financial Services
SHEEMA, March 31, 2026 – Medias Kyatuhaire Matsiko has made history as the first woman to be elected Chairperson of Muhame Financial Services Cooperative Limited, marking a significant milestone in the SACCO’s…
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SBG Securities unveils dollar fund to shield investors from currency volatility
KAMPALA, March 30, 2026 — SBG Securities Uganda has launched a new US dollar-denominated unit trust, offering investors in the country and beyond a safer hedge against currency swings as global economic…
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Afreximbank to hold its 33rd Annual Meetings in El Alamein, Egypt
CAIRO, Egypt, March 30, 2026 — The African Export-Import Bank [Afreximbank] has announced that it will hold its 33rd Annual Meetings [AAM2026] at El Alamein in Egypt, from 21 to 24 June…
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MPs shocked as Mityana district recovers just Shs 250,000 from Shs 8bln PDM funds
KAMPALA, March 30, 2026 – Members of Parliament [MPs] have expressed shock and concern over Mityana district’s dismal recovery of funds under the Parish Development Model [ PDM ], after it emerged…
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