Uganda Eyes Bigger Export Markets as PACEID Launches Buyers’ Week 2026
Uganda has intensified efforts to expand its export markets following the launch of the Uganda Connect International Buyers’ Week (UCIBW) 2026, a flagship trade promotion platform designed to link Ugandan producers with verified international buyers and unlock new export opportunities. The week-long event, organised by the Presidential Advisory Committee on
Spiro targets net-zero emissions by 2040 as it highlights Africa’s clean transport gains
Electric mobility firm Spiro has released its first Sustainability Report, outlining the company’s environmental, social and economic impact as it expands clean transport solutions across Africa. The report provides the company’s first comprehensive assessment of its operations, establishing a baseline for measuring progress as Spiro scales up electric vehicle infrastructure,
Gov’t posts Shs517b surplus as revenues beat targets
Uganda’s economy closed the 2025/26 financial year on a strong note, with Government registering a fiscal surplus of Shs517.07 billion in June, reversing earlier projections of a deficit and underscoring improved revenue performance. According to the latest report released by the Ministry of Finance, Planning and Economic Development, the surplus
Watu finances one million smartphones as demand for device ownership surges
Watu Uganda has financed one million smartphones through its Watu Simu product, marking a major milestone in expanding access to digital tools for income earners across the country. The milestone was celebrated at an event in Kampala on July 20, 2026, coinciding with seven years of Watu’s operations in Uganda
Busoga women entrepreneurs to benefit from Stanbic–Gates initiative
More than 30,000 low-income women entrepreneurs in Busoga sub-region are set to benefit from a new partnership aimed at expanding access to affordable financing, business skills and digital financial services. The Women’s Economic Empowerment (WEE) programme, launched at the Busoga Kingdom headquarters in Bugembe, brings together the Busoga Kingdom, the
Minister Asiimwe backs Inspire Coffee push, Tugume calls for coffee in schools
The minister for Science, Technology and Innovation, Eng Jonard Asiimwe, has pledged government support for the commercialisation of Inspire Coffee, as efforts to boost value addition in Uganda’s coffee sector gather momentum. Asiimwe made the commitment during his first official visit to the Africa Coffee Park in Ntungamo district, where
Euromoney recognises Stanbic for investment banking excellence
A Uganda-based lender has been named the Best Investment Bank in Uganda at the Euromoney Awards for Excellence 2026, in recognition of its role in structuring and financing major economic projects. The award, announced by the London-based financial publication on July 17, highlights the bank’s growing influence in corporate and
Shilling weakens as dollar demand, global tensions weigh on market
The Uganda shilling lost further ground during the week, weighed down by strong demand for hard currency from local market players and offshore investors, as well as renewed geopolitical tensions in the Middle East. The local unit closed the week trading at 3690/3700, weaker than the opening levels of 3670/3680.
NCBA Bank Drives Uganda’s Automotive Future at the Auto Show
NCBA Bank Uganda has kicked off the NCBA Auto Show 2026, reaffirming its commitment to driving mobility, innovation, and economic growth as the Platinum and Official Title Sponsor of Uganda’s premier automotive exhibition. Running from 17–19 July 2026 at Kololo Independence Grounds, this year’s event marks a major milestone as
Fik Fameica joins Spiro to drive electric mobility push
Spiro Uganda has enlisted celebrated musician Shafik Walukagga, popularly known as Fik Fameica, as its new brand ambassador, in a move aimed at accelerating the adoption of electric mobility across the country. The partnership signals the company’s growing effort to tap into popular culture and youth influence to promote sustainable
