Finance
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News
MPs renew calls to address teachers’ pay disparities
KAMPALA, October 21, 2025 — Parliament’s Committee on Education and Sports is expected to present a report to Parliament within two weeks, on two petitions on disparity in teachers’ pay. The petitions…
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Fishermen in Kwania form credit cooperative to improve access to cheap finance
KWANIA, October 16, 2025 – Fishermen from five sub-counties in Kwania district have officially launched a credit cooperative society aimed at improving access to affordable credit. The new cooperative, named Kwania Fishermen…
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Gov’t releases Shs 18.43trn for second quarter of FY 2025/2026
KAMPALA, October 14, 2025 – The Ministry of Finance, Planning and Economic Development [MoFPED] has announced the release of Shs 18.43 trillion for the second quarter [Q2] of the 2025/26 Financial Year…
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African Trade Experts to Meet in Abidjan for ATFS2025 and Factoring Workshop
CAIRO, October 10, 2025 — As global financial headwinds continue to squeeze emerging markets, Africa’s trade finance gap, estimated at up to US$ 100 billion annually, will once again come under the…
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Agency warns of looming vaccine shortage in hospitals
KAMPALA, October 4, 2025 — The National Medical Stores [NMS] has warned of a looming shortage of vaccines for children following the imposition of a 2.5 per cent value added tax [VAT]…
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World Social Summit in Doha to host closing ceremony of the UN International Year of Cooperatives
KAMPALA, October 2, 2025 — The International Cooperative Alliance [ICA] will host the closing ceremony of the UN International Year of Cooperatives [IYC2025] on November 4, at the Qatar National Convention Centre,…
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Africa Energy Bank moves to close continent’s energy finance gap
KAMPALA, October 1, 2025 — The African Petroleum Producers’ Organisation [APPO] and Afreximbank shared updates on the establishment of the US$ 5 billion Africa Energy Bank on Monday at AEW: Invest in…
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AFC closes record US$ 1.5bln syndicated loan, its largest-ever facility
KAMPALA, September 30, 2025 — Africa Finance Corporation [ AFC ], the leading infrastructure solutions provider in Africa, has successfully closed its largest-ever debt facility, a landmark US$1.5 billion syndicated loan. This…
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Stanbic Incubator and GIZ launch capacity-building programme for women-led green enterprises
KAMPALA, September 22, 2025 –– In a strategic effort to empower women entrepreneurs within Uganda’s green economy, Stanbic Business Incubator Limited [SBIL] has partnered with the German development agency GIZ to launch…
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Mobile money transactions soar in July amid mixed economic signals in Uganda
KAMPALA, September 21, 2025 – Uganda’s push for financial inclusion gained renewed momentum in July 2025, as mobile money transactions hit record levels, even as job growth slowed, the trade deficit widened,…
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