Market Information
latest market news and reviews
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Finance Trust Bank loses Tier I commercial bank licence
KAMPALA – January 29, 2026 – The Bank of Uganda [BoU] has downgraded Finance Trust Bank [FTB] from a Tier I commercial bank to a Tier II credit institution, in line with…
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Afreximbank bolsters Angola’s energy sector with a US$ 1.75bln facility for national oil company
CAIRO, January 29, 2026 — African Export-Import Bank [Afreximbank], working with other mandated lead arrangers, has successfully closed a US$ 1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company.…
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“Any customs system not Built on LLM Will disappear,” warns ASYCUDA founder Jean Gurunlian
ABU DHABI, January 29, 2026 — Jean Gurunlian, Chairperson of Webb Fontaine, and founder/architect of the ASYCUDA system, issued a stark warning on the future of Customs technology at the WCO Technology…
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Uganda ranks third in Africa Financial Markets Index
KAMPALA, January 28, 2026 — Uganda has retained third place in the 2025 Absa Africa Financial Markets Index [AFMI], reflecting continued progress in macroeconomic stability and market transparency. The AFMI assessed 28…
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KCB Bank entices salary earners with unsecured personal loans
KAMPALA, January 28, 2026 — A growing number of Ugandans are recognising that financial stability is rarely accidental. Instead, it is built through early planning, disciplined income management and timely access to…
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Uganda’s export earnings rise by 70.5 percent in November 2025
KAMPALA, January 28, 2026 — Uganda’s export earnings grew by 70.5 percent year-on-year to US$1.19 billion in November 2025, up from US$ 698.46 million recorded in November 2024, according to the latest…
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MTIC to conduct Cooperative Clinic in Jinja City
KAMPALA, January 27, 2026 — As part of a nation-wide drive, the Ministry of Trade, Industry and Cooperatives [MTIC] will conduct a Cooperative Clinic in the Busoga Sub-region from February 2-5, 2026.…
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Kaserem SACCO collapses after years of poor leadership
KAPCHORWA, January 27, 2026 — Kaserem Savings and Credit Cooperative Organisation [SACCO], once one of the most powerful and trusted community financial institutions in Kapchorwa district, has collapsed after years of poor…
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ICA Regional and Global Teams Prepare Worldwide Launch of New Legal Framework Analysis
KAMPALA, January 27, 2026 — The International Cooperative Alliance [ICA] Regional and Global teams have taken a major step towards the worldwide launch of a new Legal Framework Analysis [LFA], following a…
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AfDB approves US$ 16.5mln loan to boost Kenya’s clean energy transition
NAIROBI, January 26, 2026 — TheAfrican Development Bank Group [AfDB] has approved a loan of US$ 16.5 million to support the development of the 35 MW OrPower Twenty-Two [OTTL] Geothermal Power Plant,…
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