Financial
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Mbarara health centre to get Shs 3bln upgrade, boosting capacity threefold
MBARARA CITY, April 16, 2026 — Access to maternal healthcare in Mbarara City is set for a major boost following the official handover of a construction site for a new multi-storeyed maternity…
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BoU warns Masindi locals against unregulated financial institutions as outreach exposes service gaps
MASINDI, April 17, 2026 — The Bank of Uganda [BoU] has cautioned residents of Masindi district against keeping money at home or entrusting it to unregulated financial institutions, warning that such practices…
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Alert over NGO funding scam targeting East Africa
KAMPALA, April 17, 2026 — The National Council of Non-Governmental Organisations [NaCONGO] has issued a security alert warning non-governmental organisations across Tanzania and the wider African region about a fraudulent funding scheme…
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MPs raise concerns as UDC takes 82 percent of Trade ministry budget
KAMPALA, April 16, 2026 — Members of Parliament have raised concern after learning that a single entity is set to receive the lion’s share of funding under the Ministry of Trade, Industry…
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OWC boosts Gulu Ghetto Mothers’ SACCO with Shs 8mln
GULU CITY, April 16, 2026 — The Uganda People’s Defence Forces [UPDF] 4th Infantry Division Commander, Maj Gen. Felix Busizoori, has handed over Shs 8 million to the Gulu Ghetto Mothers’ Savings…
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WBG launches initiative to improve water security for 1 billion people
WASHINGTON, April 16, 2026—The World Bank Group [WBG], in partnership with multilateral development banks, development finance institutions and key partners, today launched Water Forward, a global platform to help improve water security…
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South Africa: SALGA, Global Trust Project launch municipal trust pilot
JOHANNESBURG, April 16, 2026 — The South African Local Government Association [SALGA] and The Global Trust Project [TGTP] have signed a three-year memorandum of understanding to pilot the Trust Equity Framework [TEf]…
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Pearl Bank’s Wendi Wallet drives surge as deposits hit Shs 240.5bln
KAMPALA, April 16, 2026 — A quiet but notable shift is under way in Uganda’s financial sector, one that is beginning to redefine what a local bank can become. One such bank…
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Afreximbank delivers strong FY2025 results, with total assets and contingencies base of US$ 48.5bln
CAIRO, Egypt, April 15, 2026 – The African Export-Import Bank [ Afreximbank ] and its subsidiaries have announced strong financial results for the year ended December 31, 2025, underscoring sustained resilience, growing…
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Uganda earns record Shs 9trn from coffee exports amid strong global demand
KAMPALA, April 15, 2026 – Uganda has registered a record performance in coffee exports, earning approximately Shs 9 trillion over a 12-month period, according to the latest figures from the Ministry of…
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