Financial
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Uganda’s exports surge by over 50 percent as trade balance shows mixed picture
KAMPALA, September 16, 2025 – Uganda’s export sector posted significant growth in July 2025, with merchandise exports increasing by 53.6 percent compared to the same period last year. This is according to…
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System errors derailing access to PDM funds in Soroti City
SOROTI CITY, September 16, 2025 – The Soroti City Commercial Officer, George William Tukei, has revealed that several residents have been unable to access funds under the government’s Parish Development Model [PDM]…
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Minister decries low uptake of PDM funds among PWDs and older persons
LIRA, September 15, 2025 – The Minister of Gender, Labour and Social Development, Betty Amongi, has raised concerns over the low uptake of funds allocated to Persons with Disabilities [PWDs] and older…
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Uganda’s public debt reaches Shs 116trn but remains sustainable, says minister
KAMPALA, September 15, 2025 – Finance Minister Matia Kasaija has reassured Ugandans that the country’s rising public debt remains sustainable, despite growing concerns over increased government borrowing. Speaking on Thursday at the…
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Gov’t hands over motorcycles to boost local economic development
KAMPALA, September 14, 2025 – The Government, through the Ministry of Trade, Industry and Cooperatives [MTIC], recently handed over motorcycles to District Commercial Officers in a bid to enhance service delivery and…
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Afreximbank and ShafDB Forge Strategic Partnership to Unlock US$1 billion in investments
ALGIERS, September 13, 2025 — African Export-Import Bank [Afreximbank] and Shelter Afrique Development Bank [ ShafDB ] have signed a Joint Project Preparation Facility [JPPF] Framework Agreement to unlock a cumulative investment…
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Bunyoro-Kitara Kingdom urges subjects to Embrace soybean farming
HOIMA, September 12, 2025 – The Prime Minister of Bunyoro-Kitara Kingdom, Andrew Byakutaga Ateenyi, has urged farmers within the Kingdom to adopt commercial soybean farming as a viable strategy for boosting household…
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New Islamic Microfinance Toolkits Launched to Advance Financial Inclusion in IsDB Member Countries
KAMPALA, September 12, 2025 — The Islamic Development Bank Institute [IsDBI] and the IsDB Global Practice & Partnership [GPP] Directorate, through its Cooperation and Capacity Development Department [CCD], have officially launched a…
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Boosting service delivery: Local governments to receive increased funding
KAMPALA, September 11, 2025 — The Minister of Local Government, Raphael Magyezi, has pledged that Central Government will significantly increase funding to local governments to improve service delivery across the country. Minister…
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Africa: Afreximbank launches new entity to promote large scale trade in value-added goods
ALGIERS, September 10, 2025 — African Export-Import Bank [ Afreximbank ] has launched the African Trade and Distribution Company [ATDC] to catalyse large scale trade in raw materials, minerals and value-added products…
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