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latest market news and reviews
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DPF stuck with millions in unclaimed deposits from two liquidated banks
MASAKA CITY, May 5, 2025 – The Deposit Protection Fund of Uganda [ DPF ] is struggling to trace the rightful owners of millions of shillings in unclaimed deposits left behind by…
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African Mining Week 2025 to Feature Women in Leadership Forum
CAPE TOWN, May 1, 2025 — As women take on increasingly influential roles in shaping the future of Africa’s mining sector, African Mining Week [AMW] 2025 – taking place from October 1–3…
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Pride Microfinance to trade as bank after securing licence from BoU
KAMPALA, April 30, 2025 – Pride Microfinance has officially transitioned into a Tier II credit institution and will now operate as Pride Bank Limited, marking a significant milestone in its evolution. The…
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Promoting Uganda’s tourism: Emirates, UTB renew partnership for 2025
KAMPALA, April 30, 2025 –– Building on a successful year of collaboration, Emirates, one of the two flag carriers of the United Arab Emirates [UAE], and Uganda Tourism Board [UTB] have renewed…
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UDB, MD Patricia Ojangole nominated for African Banker Awards 2025
KAMPALA, April 30, 2025 –– African Banker magazine has announced the shortlist of nominees for this year’s edition of its annual African Banker Awards with Uganda Development Bank [UDB] and its Managing, Director…
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MoU signed to promote agricultural value chain marketing in Masindi Municipality
MASINDI, April 26, 2025 – ENCOT Foundation Limited, a non-profit organisation based in Masindi Municipality and dedicated to promoting sustainable agricultural development, has signed a Memorandum of Understanding [MoU] with Masindi Municipal…
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Uganda’s economy shows resilience amid global challenges – New report
KAMPALA, April 23, 2025 – Uganda’s economy continues to demonstrate resilience in the face of global headwinds, according to the latest Performance of the Economy Monthly Report released by the Ministry of…
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Bunyoro leaders call for removal of non-tariff barriers to facilitate free trade in the EAC
HOIMA, 20 April 2025 – Leaders from the Bunyoro Subregion, home to Uganda’s burgeoning oil and gas sector, have urged Partner States of the East African Community [EAC] to eliminate non-tariff barriers…
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Critical moment for women in finance
LONDON, April 18, 2025 –– 2025 is a critical moment for women in finance, OMFIF’s Gender Balance Index highlights, as modest gains in representation are threatened by growing backlash against inclusion initiatives.…
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Bunyoro coops urged to adopt Uhuru’s CoopProfiler for enhanced efficiency
MASINDI, April 16, 2025 – Cooperatives in Uganda’s Bunyoro Sub-region have been urged to adopt CoopProfiler, an innovative web and mobile-based software solution developed by the Kampala-based Uhuru Institute for Social Development…
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