Shilling Weakens on Corporate Dollar Demand as Global Pressures Mount
The Uganda shilling traded under sustained pressure this week, weighed down by persistent corporate demand for the US dollar and limited foreign currency inflows. Market activity showed that dollar supply from entities settling end-of-financial-year tax obligations was insufficient to support the local unit. At the same time, offshore investor appetite
NCBA Bank, MAT Abacus partner to boost SME growth
NCBA Bank Uganda has signed a strategic partnership with MAT Abacus Business School to strengthen Small and Medium Enterprises (SMEs) through structured training, coaching and mentorship under its Enterprise Development Programme. The initiative is aimed at moving SMEs beyond access to finance, by equipping entrepreneurs with practical skills to build
UIBFS closes Women in Leadership programme, urges bold, confident female leaders
The Uganda Institute of Banking and Financial Services (UIBFS) has concluded its 2026 Women in Leadership Programme, a five-day intensive training aimed at strengthening leadership capacity, confidence and influence among women working in Uganda’s financial sector and other industries. The programme, held under the theme “Empowering Women to Lead with
Execution gap threatens Uganda’s growth push — dfcu warns
Uganda’s drive to turbocharge economic growth and unlock private sector potential is at risk unless leaders move from talk to action, dfcu Bank has warned. The warning was sounded during the Foreign Chambers Policy Summit in Kampala, which brought together government officials, investors, economists and private sector players to assess
Uganda moves to protect UK export market as UFZEPA trains capsicum, sesame exporters
Uganda has stepped up efforts to safeguard its access to the lucrative United Kingdom market, with exporters of capsicum and sesame urged to tighten compliance with strict international standards or risk costly rejections. The Uganda Free Zones and Export Promotion Authority (UFZEPA) convened a high-level workshop in Kampala, bringing together
dfcu CEO Masterclass Redefines Leadership Through Impact
What if the true measure of a leadership programme was not the certificates awarded at the end, but the difference its graduates create long after completion? For the inaugural cohort of the dfcu CEO Masterclass, that difference has already begun to take shape through practical action, as participants moved beyond
Mbire to Headline SBG Securities Investor Day as Uganda Pushes Investment Culture
MTN Uganda Chairman and prominent businessman, Dr Charles Mbire, is set to headline the inaugural SBG Securities Investor Day this Friday, June 26, 2026, in a move aimed at boosting local participation in Uganda’s financial markets. The high-level forum will be streamed live on the Stanbic Uganda YouTube channel starting
Stanbic partnerships boost maternal healthcare services in Karamoja
About a month ago, Maria Chepsok, a Traditional Birth Attendant (TBA) in Karita sub-county lost her sister-in law due to complications during childbirth. Matters were not helped by a lack of funds to fuel the ambulance at the nearest health centre, and later having to trek 24 kilometres into West
spiro secures $270m to accelerate africa’s electric mobility push
Spiro has announced the successful close of a $270 million funding round aimed at accelerating the continent’s transition to sustainable mobility. The milestone includes a newly finalised $55 million investment from NewTrails Capital, a Chinese growth-stage investment fund focused on emerging markets, with operations in Shanghai, Shenzhen and Nigeria. The
Shs126 trillion borrowed: Did Uganda get value for its debt?
Uganda’s public debt has expanded significantly over the past decade, rising to Shs126.19 trillion by December 2025, sparking debate among economists, policymakers, and the public about whether the borrowing has delivered value for money. However, the government maintains that the debt has been prudently deployed to finance strategic investments that
