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latest market news and reviews
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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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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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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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