Market Information
latest market news and reviews
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Absa Bank Uganda earns Shs 546bln revenue in 2024
KAMPALA, April 15, 2025 –– Absa Bank Uganda has posted a robust set of financial results for the year ended December 31, 2024, with profit after tax rising by 22 percent to…
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Uganda’s coffee exports surge 27.93 percent in February 2025 amid global price hike
KAMPALA, April 13, 2025 — Uganda’s coffee exports reached a record high in February 2025, with 555,756 60-kilo bags, earning the country the much-needed foreign exchange of US$ 167.78 million [about Shs…
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Ruwenzori Diocese SACCO posts strong growth in 2024
FORT PORTAL CITY, April 11, 2025 – Ruwenzori Diocese Savings and Credit Cooperative Society Limited [RUDI SACCO], a church-founded financial institution based at Kabarole Hill in Fort Portal City, recorded remarkable financial…
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Finance Ministry releases over Shs 500bln for PDM
KAMPALA, April 9, 2025 — The Ministry of Finance, Planning and Economic Development [MOFPED] has released Shs 529 billion for the Parish Development Model [PDM], taking a big step in Uganda’s wealth…
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Report exposes JDE Peet’s potential non-compliance with EU deforestation-free regulation
KAMPALA, April 8, 2025 – Coffee Watch, the global watchdog organisation dedicated to reforming the coffee industry, and AidEnvironment, have released the first of a series of company deforestation risk profiles. These…
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Kabarole Farmers And Traders Urged To Go Digital For Market Expansion
FORT PORTAL, 7 April 2025 — Farmers and traders in Kabarole district and Fort Portal City have been encouraged to embrace the latest trend in Uganda, where products are being marketed on…
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Co-op Legal Services achieves significant growth trajectory in 2024
LONDON, April 4, 2025 — Co-op Legal Services’ growth performance continued in 2024, seeing revenue up 24 percent to £84 million and increased underlying operating profit at £27 million. The member-owned organisation…
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Honduras signs the International Coffee Agreement 2022, poised to host the 140th Session of the ICC
LONDON, March 31, 2025 ‒ Honduras reaffirmed its global leadership as a coffee producing nation by signing the International Coffee Agreement 2022 [ICA 2022] at the headquarters of the International Coffee Organisation…
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Credit referencing in Uganda: Unlocking opportunities for growth
KAMPALA, March 12, 2025 –– Uganda has a diverse range of credit providers, including commercial banks, credit institutions, and Microfinance Deposit-Taking Institutions [Tier 1 to Tier 3 financial institutions], Deposit-Taking Microfinance Institutions,…
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Africa coffee exports jump 7.1 percent in January 2025 as Ivory Coast and Uganda lead
KAMPALA, March 10, 2025 — The latest report from the International Coffee Organisation [ICO] reveals that, in January 2025, exports of all forms of coffee from Africa increased by 7.1 percent, rising…
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