Trade
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Legal dilemma : MTIC ignores BoU’s request to de-register non-compliant large SACCOs
KAMPALA, January 7, 2026 — The Bank of Uganda’s [BoU] bid to license and regulate large Savings and Credit Cooperative Organisations [SACCOs] in the country has suffered a setback after the Ministry…
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Frontier Exploration Renaissance: How New Seismic Technology Is Unlocking Africa’s Undeveloped Basins
CAPE TOWN, January 7, 2026 — Recent months have witnessed a surge in seismic data deals and renewed exploration activity across Africa. In November 2025, TGS, a leader in energy data and…
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Lango Clan Leaders’ SACCO members urged to buy more shares to boost capital base
LIRA CITY, January 7, 2026 – The leadership of the Lango Clan Leaders’ Savings and Credit Cooperative Society Limited [SACCO] has urged its members to increase their shareholding in order to strengthen…
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Africa’s Upstream Future: Momentum builds, but investment discipline remains a hurdle
By NJ Ayuk CAPE TOWN, January 6, 2026 — Two breakthrough offshore discoveries in Namibia in 2022 — one by Shell and one by TotalEnergies — marked an important milestone for the…
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WOCCU publishes new white paper on ethical AI for credit union
KAMPALA, January 6, 2026 —World Council of Credit Unions [WOCCU] International Advocacy today released a whitepaper entitled Navigating the Ethical Landscape of Artificial Intelligence in Credit Unions that is designed to equip credit…
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aBi Trust lends to farmers, others through SACCOs
KAMPALA, January 6, 2026 — In a bid to sustainably strengthen agribusiness through Savings and Credit Cooperative Organisations [SACCOs], aBi Trust has rolled out a dedicated agricultural financing initiative targeting farmers and all…
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Gov’t approves use of HIV injectables in Uganda
KAMPALA, January 5, 2025 — The National Drug Authority [NDA] has approved the use of lenacapavir, a twice-yearly HIV prevention [PrEP] injection manufactured by Gilead Sciences, a U.S.-based company. The approval is…
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International Year of Cooperatives spurs rural expansion in India, says ministry
NEW DELHI, January 5, 2025 — The International Year of Cooperatives 2025 has emerged as a milestone for India’s cooperative sector, marking significant progress from rural heartlands to the global stage, conveys…
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Sheema youth and women unite to launch SACCO offering low-interest loan product
SHEEMA, January 5, 2026 — Thousands of residents and political leaders gathered at Sheema Stadium earlier this week to witness the official launch of the Sheema Youth and Women Savings and Credit…
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TDB at 40: Ggoobi lauds lender’s evolution for driving regional development
KAMPALA, January 4, 2026 — The Trade and Development Bank Group [TDB] recently marked 40 years of operations with renewed praise from government and financial sector leaders, who credit the institution’s transformation…
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