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Uganda’s outstanding PSC jumps 1.8 percent in April 2026
KAMPALA, June 20, 2026 — Uganda’s stock of outstanding private sector credit [PSC] increased by 1.8 per cent to Shs 26.43 trillion in April 2026, up from Shs 25.9trn recorded in March,…
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Uganda: Outstanding private sector credit improves slightly in March 2026
KAMPALA, May 28, 2026 — The stock of outstanding Private Sector Credit [PSC] in Uganda increased by 2.3 percent, rising from Shs 25.377 trillion in February 2026 to Shs 25.965trn in March…
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Uganda projects 6.6 percent economic growth as post-election stability boosts trade, investment and fiscal outlook
KAMPALA, May 26, 2026 — Uganda’s economy remained stable throughout the 2026 general elections and the immediate post-election period, with the government projecting stronger growth, declining inflation, improving trade performance and a…
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Uganda: Lending rates rise to 18.73 percent in February 2026
KAMPALA, April 23, 2026 — Uganda’s weighted average lending rates in February 2026, reflected divergent movements between shilling-denominated and foreign currency-denominated credit. While shilling lending rates recorded a marginal increase, foreign currency…
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Bunyoro University gets Shs 50mln boost for ICT hub ahead of construction
KIKUUBE, April 3, 2026 — Efforts to establish Bunyoro University have received a boost after the taskforce steering the project secured Shs 50 million to support the development of an ICT innovation…
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Employees in Bunyoro urged to embrace saving culture to prepare for old age
HOIMA, March 16, 2026 — The National Social Security Fund [ NSSF ] Chief Commercial Officer, Geoffrey Waswa Sajjabi, has urged employees in the formal sector in the Bunyoro Subregion to embrace…
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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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Kenya: SACCOs urged to raise performance
NAIROBI, November 22, 2025 — Savings and Credit Cooperative Organisations [SACCOs] in Kenya have been urged to intensify efforts to strengthen capital retention by expanding credit access to their members. Loan provision…
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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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Coopérative U Plants Its Flag in Rwanda
KIGALI, September 13, 2025 — Coopérative U is planting its flag in a new African country: Rwanda. The independent retail cooperative has signed a partnership with the French group Duval, which is…
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