Financial
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Finance Trust Bank loses Tier I commercial bank licence
KAMPALA – January 29, 2026 – The Bank of Uganda [BoU] has downgraded Finance Trust Bank [FTB] from a Tier I commercial bank to a Tier II credit institution, in line with…
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Govt to spend less in FY 2026/27 – Finance ministry
KAMPALA, January 29, 2026 — The preliminary resource envelope for the financial year [FY] 2026/27 is estimated at Shs 69.399 trillion, down from Shs 72.376trn in the current FY 2025/26, according to…
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Afreximbank bolsters Angola’s energy sector with a US$ 1.75bln facility for national oil company
CAIRO, January 29, 2026 — African Export-Import Bank [Afreximbank], working with other mandated lead arrangers, has successfully closed a US$ 1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company.…
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Uganda ranks third in Africa Financial Markets Index
KAMPALA, January 28, 2026 — Uganda has retained third place in the 2025 Absa Africa Financial Markets Index [AFMI], reflecting continued progress in macroeconomic stability and market transparency. The AFMI assessed 28…
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KCB Bank entices salary earners with unsecured personal loans
KAMPALA, January 28, 2026 — A growing number of Ugandans are recognising that financial stability is rarely accidental. Instead, it is built through early planning, disciplined income management and timely access to…
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Uganda’s export earnings rise by 70.5 percent in November 2025
KAMPALA, January 28, 2026 — Uganda’s export earnings grew by 70.5 percent year-on-year to US$1.19 billion in November 2025, up from US$ 698.46 million recorded in November 2024, according to the latest…
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Dip vat restorations bring hope to livestock farmers in northern Uganda
APAC, January 27, 2026 — Livestock farmers in northern Uganda are set to benefit from the restoration of communal dip tanks/ vats a move expected to significantly reduce vector-borne diseases among cattle.…
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AfDB approves US$ 16.5mln loan to boost Kenya’s clean energy transition
NAIROBI, January 26, 2026 — TheAfrican Development Bank Group [AfDB] has approved a loan of US$ 16.5 million to support the development of the 35 MW OrPower Twenty-Two [OTTL] Geothermal Power Plant,…
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Cooperative banks hailed as pillars of Europe’s economy at landmark EACB General Assembly
ALMERIA, January 26, 2026— Cooperative banks have been reaffirmed as vital engines of Europe’s economy following the 57th General Assembly of the European Association of Cooperative Banks [EACB], held in Almería and…
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Brazil’s largest coffee cooperative linked to new slave labour cases during 2025 harvest
BRASÍLIA, January 25, 2026 — Brazil’s largest coffee cooperative, Cooxupé, has suspended five member growers caught using slave labour during the 2025 harvest. The five are among 15 coffee producers fined during…
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