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latest market news and reviews
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Boosting economic growth: Centenary Bank pledges increased support for Ugandan SMEs
KAMPALA, September 10, 2025 — Centenary Bank Managing Director, Fabian Kasi, has reaffirmed the bank’s commitment to empowering Ugandan small and medium enterprises [SMEs], emphasising that they are central to the country’s…
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Africa: Afreximbank launches new entity to promote large scale trade in value-added goods
ALGIERS, September 10, 2025 — African Export-Import Bank [ Afreximbank ] has launched the African Trade and Distribution Company [ATDC] to catalyse large scale trade in raw materials, minerals and value-added products…
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International tourism up 5 percent in first half of 2025 despite global challenges
KAMPALA, September 10, 2025 — According to UN Tourism, almost 690 million tourists travelled internationally between January and June 2025, about 33 million more than in the same period of 2024, though…
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Dokolo cooperative plans to build modern storage facility
DOKOLO, September 5, 2025 – Kwera Youth Oil Seed Farmers Multipurpose Cooperative Society Limited, based at Abuli Trading Centre in Kwera Sub-county, Dokolo district, has announced plans to construct a modern storage…
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Tougher penalties included in new Building Control Bill
KAMPALA, September 4, 2025 — Parliament has amended the Building Control [Amendment] Bill, 2025, Cap. 136, making provisions for harsh penalties for illegal construction and reforms to streamline building approval processes. The…
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Global exports of green coffee beans fall 0.7 percent – ICO report
KAMPALA, September 4, 2025 – Global exports of green coffee beans fell by 0.7 percent in July 2025, totalling 10.3 million bags compared to 10.38 million bags in July 2024, according to…
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Sidi Ould Tah assumes office as 9th President of AfDB Group
KAMPALA, September 3, 2025 — Dr. Sidi Ould Tah has been sworn-in, as the ninth President of the African Development Bank Group [AfDB]. He took his oath-of-office on Monday in Abidjan, Ivory…
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Afreximbank delivers solid first half 2025 results, in line with expectations
CAIRO, September 3, 2025 — African Export-Import Bank Group [ Afreximbank /Group] has released its consolidated financial statements for the six months ended June 30, 2025 [H1’2025]. Amid heightened geopolitical tensions, persistent…
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Uganda Development Finance Summit 2025 kicks off with insightful discussions on Africa’s economic future
KAMPALA, September 2, 2025 – The inaugural Uganda Development Finance Summit 2025 officially began, yesterday setting the stage for dynamic discussions, networking, and innovative solutions to Africa’s pressing economic challenges. Organised by…
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Winners rewarded in “Jaguza ne Standard Chartered Bank” Deposit Campaign
KAMPALA, September 2, 2025 — Standard Chartered Bank Uganda recently rewarded 38 winners of the “Jaguza ne Standard Chartered,” campaign for the month of July. The campaign was launched on July 1,…
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