Finance & Banking
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Afreximbank posts robust Q1 2026 results with 25 percent growth in net income
KAMPALA, May 22, 2026 — African Export-Import Bank [ Afreximbank ] and its subsidiaries announced its results for the three months ended March 31, 2026. The results demonstrate continued resilience, disciplined balance…
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ATAF releases major report highlighting growing impact on domestic revenue mobilisation across Africa
KAMPALA, May 23, 2026 — The African Tax Administration Forum [ ATAF ] has released its 2025 Annual Report, highlighting its expanding role in strengthening tax systems, advancing domestic revenue mobilisation, and…
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Uganda launches e-accounting tool to formalise SMEs and boost revenue collection
KAMPALA, May 22 2026 — The Government of Uganda has launched a simplified electronic accounting platform aimed at helping informal small and medium-sized enterprises [SMEs] transition into compliant, growth-oriented businesses, as part…
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Afreximbank extends US$ 15mln loan to Ecobank Zimbabwe to support SME participation in export value chains
HARARE, May 21, 2026 — The African Export-Import Bank [Afreximbank] has extended a US$15 million SME finance facility to Ecobank Zimbabwe Limited under its Export SME Development Programme [ESDP]. Officials from both…
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Soroti City: First Emyooga cash recipients default on loan repayments, raising sustainability concerns
SOROTI CITY, May 19, 2026 — The first batch of beneficiaries who received soft loans under various Emyooga Savings and Credit Cooperative Organisations [SACCOs] in Soroti City West Division has failed to…
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ACCOSCA advances financial wellness through coaching certification programme
JOHANNESBURG, May 19, 2026 — Nearly 40 graduates from eight African countries have completed the seventh Financial Coaching Certification Programme organised by the African Confederation of Cooperative Savings and Credit Associations […
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SACCO leaders urged to uphold cooperative principles for sustainable growth
KAKUMIRO, May 19, 2026 — Adhering to cooperative principles is essential if Savings and Credit Cooperative Organisations [SACCOs] in Uganda are to achieve sustainable growth. The call was made by the Kakumiro…
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Sebei coop leaders undergo training in modern agricultural production and financial management
KAMPALA, May 18, 2026 — Leaders of cooperatives from the Sebei Sub-region have been trained in modern agricultural production methods and strengthen financial management practices to improve household incomes, reduce post-harvest losses,…
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Museveni signs Sovereignty law, tightens control on foreign funding and external influence
KAMPALA, May 18, 2026 — President Yoweri Museveni has signed into law the controversial Protection of Sovereignty Act, 2026, in a move aimed at strengthening government oversight of foreign funding, foreign agents…
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EAC finance ministers harmonise budget reading date, adopt common regional economic agenda
KAMPALA, May 17, 2026 — Finance ministers from the East African Community (EAC) Partner States have agreed to present their national budgets on the same day and adopt a unified regional economic…
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