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PSC in Uganda hits Shs 25.43trn in January 2026-report
KAMPALA, March 25, 2026 — The stock of outstanding private sector credit [ PSC ] in Uganda edged up by 0.3 percent to Shs 25.43 trillion in January 2026, from Shs 25.35trn…
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Africa’s Business Heroes Launches 8th Edition with USD 1.5 Million in Grant Funding Available for African Entrepreneurs
KAMPALA, March 3, 2026 — Africa’s Business Heroes [ABH], the flagship philanthropic initiative of Alibaba Philanthropy and the Jack Ma Foundation, has opened applications for its 8th edition, calling on African entrepreneurs…
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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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Private sector ends 2025 with high hopes for further expansion in 2026
KAMPALA, January 8, 2026 — Ugandan companies experienced broadly unchanged employment levels and rising input costs in December 2025, following a ten-month period of job creation. Despite these pressures, business conditions continued…
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Commercial lending rates in Uganda to remain unchanged, BoU says
KAMPALA, December 11, 2025 — Commercial lending rates in Uganda are expected to remain unchanged, supported by stable macroeconomic conditions marked by low inflation, anticipated economic growth, and a steady Central Bank…
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Gov’t team visits Sino-Uganda Mbale Industrial Park, commits to fast-tracking key infrastructure
MBALE CITY, November 17, 2025 — A high-level government delegation led by the Permanent Secretary and Secretary to the Treasury [PSST], Ramathan Ggoobi, yesterday visited the Sino-Uganda Mbale Industrial Park to address…
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UDB invests Shs 95 billion in Lango to boost regional economic growth
LIRA CITY, November 12, 2025 — The Uganda Development Bank [ UDB ] has invested more than Shs 95 billion in 30 key projects across the Lango Sub-region as part of efforts…
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Bank of Uganda report hails national economy amid global uncertainty
KAMPALA, October 25, 2025 — Uganda’s economy has continued to display strong resilience and stability despite a complex and evolving global environment marked by geopolitical tensions, commodity price swings and tight financial…
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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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Landmark US$ 30mln disbursement to UDBL to boost economic growth
KAMPALA, October 3, 2025 — The Islamic Corporation for the Development of the Private Sector [ICD], a member of the Islamic Development Bank [IsDB] Group, has successfully disbursed a US$ 30 million…
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