bonds
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Finance & Banking
Gov’t capitalises UDB to Shs 2.2 trillion to drive industrial, export growth
KAMPALA, October 6, 2026 — The Government has capitalised Uganda Development Bank [ UDB ] to Shs2.2 trillion, including an additional Shs 442.2 billion injected during the 2026/27 financial year, to strengthen…
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News
Afreximbank Sweeps 2025 Bloomberg Africa Borrower Loans League Tables, Affirming Top Spot as Africa’s Leading Arranger and Bookrunner
KAMPALA, March 5, 2026 — African Export-Import Bank [Afreximbank] has solidified its dominance in African capital markets, clinching the Number 1 ranking as both Mandated Lead Arranger and Bookrunner in the 2025 Bloomberg…
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News
Private Sector Credit hits Shs 25.3 trillion in December 2025 – report
KAMPALA, February 21, 2026 — The stock of outstanding Private Sector Credit [PSC] recorded in Uganda increased by 1.3 percent to about Shs 25.3 trillion in December 2025, up from Shs 25.025…
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Cooperatives & Communities
CIC partners with TDB and Swiss bank, Vontobel to launch the CIC Global Balanced Special Fund
NAIROBI, October 9, 2025 — CIC Insurance Group has partnered with the Trade Development Bank [TDB] for strategic sponsorship to strengthen its offshore positioning through an operational partnership with Swiss private bank Vontobel that is also tasked with…
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News
EAC launches Regional Customs Bond to unlock trade efficiency
KAMPALA, August 10, 2025 –The East African Community [ EAC ] launched the EACBond, a regional customs guarantee instrument that replaces the need for multiple national bonds when transporting goods across Partner…
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Cooperatives & Communities
Norinchukin Bank’s losses expected to grow to US$ 9.5bln
TOKYO, June 29, 2024 – Norinchukin Bank is expected to report US$ 9.5 billion [1.5 trillion yen] in net losses for the current fiscal year, about triple the projection given less than…
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News
Parliament: legislators’ pension scheme to reduce investments in Kenya
KAMPALA, February 24, 2024 – The Parliamentary Pension Scheme [PPS] is considering a reduction of the scheme’s equity investments in Kenya in favour of the stable home market. This was revealed yesterday…
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Finance & Banking
Standard Chartered Bank sets pace with launch of offshore mutual funds
KAMPALA-Standard Chartered Bank Uganda on Monday launched offshore mutual funds product for their clients during a press conference held at Kampala Serena Hotel and presided over by the Bank’s CEO, Sanjay Rughani,…
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East Africa
Teachers Saccos asked to join major association for operational efficiency
NAIROBI-Kenya Teachers Sacco Association [KETSA] national chairperson, Robert Njue has urged teachers’ Saccos in the country to join the association so that they are able to pool resources together. Njue, who is…
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Cooperatives & Communities
Housing co-ops meet in Zurich to explore ways to foster affordable housing
ZURICH-Representatives from housing co-operatives from around the world days ago met in Zurich, Switzerland to explore ways to foster affordable co-operative housing. The hybrid in-person and online event was hosted by WBG Zurich,…
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