Financial
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EAC begins building regional instant payment network with Rwanda-Tanzania pilot
KAMPALA, November 13, 2025 — In an innovative move set to revolutionise how people send and spend money across East Africa, Rwanda and Tanzania have commenced bi-lateral discussions on technical modalities to…
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Sebei widows and widowers launch SACCO to boost economic empowerment
KAPCHORWA, November 13, 2025 — The Sebei One Widows and Widowers Association has launched a Savings and Credit Cooperative Organisation [SACCO] to promote economic empowerment, savings and investment among widows and widowers…
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Hundreds gather for 3rd Annual National Microfinance and Savings Groups Conference in Kampala
KAMPALA, November 12, 2025 — Hundreds of Uganda’s financial leaders gathered at Hotel Africana in Kampala for the Third Annual National Microfinance and Savings Groups Conference, held from November 10-11, 2025, with…
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EAC trade soars to US$ 38.2bln in Q2 2025 as exports surge 40 percent
KAMPALA, November 12, 2025 — The East African Community [ EAC ] recorded a strong upswing in international merchandise trade during the second quarter of 2025, underscoring the region’s resilience and growing…
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ANT’s Mugisha Muntu: Agriculture neglected by Museveni’s government
GULU, November 12, 2025 — The Alliance for National Transformation [ANT] presidential candidate, Gregory Mugisha Muntu, has criticised the National Resistance Movement [NRM] government for what he described as total neglect of…
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UDB invests Shs 95 billion in Lango to boost regional economic growth
LIRA CITY, November 12, 2025 — The Uganda Development Bank [ UDB ] has invested more than Shs 95 billion in 30 key projects across the Lango Sub-region as part of efforts…
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High cost of digital transactions impeding financial inclusion in Uganda- Central Bank
KAMPALA, November 11, 2025 – Uganda’s Central Bank, the Bank of Uganda [BoU] has identified the high cost of digital transactions as one of the major obstacles to achieving full financial inclusion…
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Broken promises by wealthy nations: Africa needs to finance its energy addition then transition
KAMPALA, November 11, 2025 — At this year’s Abu Dhabi International Petroleum Exhibition and Conference [ADIPEC], I was skeptical about participating in COP 30. African nations are heading to Brazil for COP…
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Museveni pledges Shs 10bln for Gulu business community
GULU CITY, November 11, 2025 — The business community in Gulu City, under the umbrella of the Gulu Business Community Association, has announced plans to establish a revolving fund to provide members…
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Kiryandongo PDM SACCO stuck with Shs 75mln as leaders imprisoned over extortion
KIRYANDONGO, November 11, 2025 — Shs 75 million disbursed by government to Mpumwe Parish Development Model Savings and Credit Cooperative Organisation [Mpumwe PDM SACCO] in Kiryandongo district remains undistributed to beneficiaries, following…
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