Global oil supply squeeze deepens as markets fluctuate amid Strait of Hormuz disruption, IMF warns of mounting risks
Global energy markets are under renewed strain after the International Monetary Fund (IMF), alongside the International Energy Agency (IEA), World Bank Group and World Trade Organization (WTO), warned that oil inventories are being depleted at a record pace following major supply disruptions linked to the Strait of Hormuz. In a
China Opens New Frontier for Uganda’s Coffee as Beijing Eases Access for African Exporters
China’s decision to grant continent-wide access for African coffee exports is expected to create fresh opportunities for Uganda’s booming coffee sector, with the Chinese market emerging as a strategic alternative to traditional European destinations. Beginning July 20, 2026, China will allow qualified coffee bean imports from 53 African countries under
Business Ku Ssimu Yo Brings Digital Hope to Entrepreneurs in Isingiro
For many small business owners in Isingiro District, running a business has often meant relying on word of mouth, limited cash transactions, and uncertain access to customers beyond their immediate communities. But through the Business Ku Ssimu Yo initiative, many entrepreneurs are beginning to see how digital tools can transform
Britania Unveils Splash Kachupa, Signs Kasuku as Brand Ambassador
Britania Allied Industries has unveiled Splash Kachupa, a new PET bottle variant of its popular Splash fruit drink, in a move aimed at tapping into Uganda’s fast-growing on-the-go beverage market. The launch also came with the announcement of popular Ugandan content creator Isaac Katende aka Kasuku as the official brand
Uganda Shilling Gains as Dollar Demand Eases
The Uganda shilling registered gains this week, a move largely attributed to subdued demand for the currency amidst inflows from commodity exporters, remittance firms and charity organizations. The local unit was seen trading stronger at 3765 / 3775 levels compared to the week’s opening of 3778 / 3788 levels. Looking
Uganda’s Best Farmers head out to Netherlands for Agro Skills Boost
Uganda’s drive to modernise agriculture has received a major boost as dfcu Bank, in partnership with Vision Group and key stakeholders, flagged off a new cohort of the country’s top-performing farmers to the Netherlands for advanced training and exposure. A total of 13 farmers are set to depart this weekend
NCBA Injects Shs40m into Gulu Property Expo to Boost Northern Investment
NCBA Bank Uganda has injected Shs40 million into the recently concluded Gulu Property Expo and Acholi Real Estate and Infrastructure Conference, signaling growing investor confidence in northern Uganda’s fast-rising property market. The expo, held in partnership with global property firm Knight Frank, served as a strategic platform to unlock investment,
Splash Kachupa: Britania Bets on Bottled Convenience to Grow Juice Market
Ugandan beverage manufacturer Britania Allied Industries Ltd is intensifing competition in the juice market with the scheduled launch of Splash Kachupa, a bottled version of its popular Splash juice brand. Set to be unveiled at the company’s headquarters in Ntinda, the new product marks a strategic shift from the traditional
Global tensions squeeze Ugandan economy as fuel, fertilizer prices rise
As the United States and Iran pursue diplomatic efforts to ease tensions in the Middle East, economists are warning that the conflict is already creating economic strain across the world, including in Uganda, through rising fuel prices and disruptions in global supply chains. Speaking during a recent webinar organised by
Inside AWE 2.0: Unlocking Growth for Women-Owned Businesses
dfcu Bank and MTN Uganda have launched the second phase of the Advancing Women Entrepreneurs (AWE 2.0) programme to accelerate women-owned businesses into scalable, corporate-ready enterprises across Uganda. The enhanced programme builds on the success of the inaugural AWE cohort launched in March 2024 and reflects a shared commitment by dfcu
