Uganda
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News
Standard Chartered explores sale of retail banking businesses in Uganda, others
KAMPALA, November 28, 2024 – Standard Chartered PLC is exploring the potential sale of its Wealth & Retail Banking [WRB] operations in Uganda, Botswana, and Zambia. The bank plans to refocus its…
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Uganda poised to benefit from COMESA electricity trade initiative
KAMPALA, November 27, 2024 – Uganda is set to gain from a lucrative electricity trade deal involving at least 15 countries through the Eastern Africa Power Pool [EAPP], an intergovernmental initiative aimed…
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UCDA registers 170,000 coffee farmers in two weeks in bid to meet EUDR
KAMPALA, November 26, 2024 – Days ago, the Uganda Coffee Development Authority [UCDA] reported registering about 170,000 farmers as part of a nationwide initiative to prepare for the European Union’s Deforestation Regulation…
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Cross-border traders accuse URA customs officials of extortion
NEBBI, November 25, 2024 – Local cross-border traders from Uganda who sell merchandise to the Democratic Republic of Congo [DRC] are accusing customs officers at Goli Customs of extortion and are calling…
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Standard Chartered hosts 200 clients, diplomats and Indian Community as it celebrates Diwali
KAMPALA, November 24, 2024 – Standard Chartered Bank Uganda last week celebrated the 2024 Diwali, with more than 200 clients, a host of VIPs, the Board and senior members of the Standard…
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IGAD supports review of Uganda’s National Land Policy
MBARARA CITY, November 23, 2024 – The Intergovernmental Authority on Development [IGAD] has partnered with Uganda’s Ministry of Lands to facilitate community consultations as part of the review of Uganda’s National Land…
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Ugandan MSMEs urged to ensure compliance
KAMPALA, November 23, 2024 – Micro, Small, and Medium Enterprises [ MSMEs ] in Uganda have been urged to adhere to the relevant regulations to ensure their businesses remain uninterrupted. This call…
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Uganda’s annual coffee exports yield Shs 5.6trn
KAMPALA, November 22, 2024 — Uganda’s coffee exports for the twelve months from November 2023 to October 2024 totaled 6.38 million bags, generating US$ 1.46 billion [approximately Shs 5.6 trillion]. This is…
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Stanbic increases ceiling for unsecured SACCO loans to Shs 4bln
KAMPALA, November 20, 2024 – Stanbic Bank has raised the ceiling for unsecured SACCO loans to Shs 4 billion, up from the previous limit of Shs 200 million, with an interest rate…
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Archbishop Kaziimba visits BCU, lauds Nandala-Mafabi for supporting the Church
MBALE CITY, November 18, 2024 – The Archbishop of the Church of Uganda, The Most Rev. Dr. Samuel Stephen Kaziimba Mugalu, recently paid a courtesy visit to the Bugisu Cooperative Union [BCU]…
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