Financial research key to Uganda’s economic transformation
Uganda must place financial sector research, knowledge and innovation at the centre of its economic transformation if the country is to achieve its ambitious Ten-Fold Economic Growth Agenda, leaders from Government, the financial sector and academia have said. The call was made during the second day of the 2026 Annual
Union expands beyond transport into e-commerce and digital lending
Union Transport Alliance has expanded beyond its traditional transport operations, entering Uganda’s e-commerce and digital lending space with the launch of Union Online Duuka, a platform that will allow customers to shop, sell products and access financing. The platform that was launched yesterday at Hotel Africana was developed in partnership
Rwandan insurer moves to seize Roko’s Uganda proceeds over Shs14.8bn debt
A Rwandan insurance company has secured a major legal breakthrough in Uganda in its efforts to recover Shs14.8 billion owed by Roko Construction Rwanda Ltd, paving the way for the debt to be enforced against the company’s interests in Uganda. The High Court Commercial Division in Kampala has recognised and
Shilling weakens as corporate dollar demand persists
The Uganda shilling weakened slightly against the US dollar during the week as sustained corporate demand for foreign currency outweighed available inflows, although increased receipts from commodity exporters and remittances helped limit the losses. The local currency closed the week at Shs3,715/3,725 per US dollar, compared with Shs3,705/3,715 at the
NCBA, MAT Abacus launch programme to strengthen Ugandan SMEs
Fifty Ugandan small and medium enterprises have been selected for a one-year programme aimed at equipping business owners with practical skills, mentorship and support to strengthen their operations and achieve sustainable growth. The Enterprise Development Programme, launched at Fairway Hotel in Kampala on August 20, is designed to help participating
Jambojet returns to Entebbe with daily Nairobi flights
Kenyan low-cost carrier Jambojet is set to resume flights between Nairobi and Entebbe on October 1, 2026, as the airline seeks to strengthen its presence in Uganda and expand regional connectivity. The return will restore a direct connection between the two East African capitals and is expected to boost business
20 women-led startups selected for Women in Tech accelerator
Twenty women-led, technology-enabled startups have been selected for the second cohort of the Women in Tech Uganda Accelerator Programme, an initiative aimed at strengthening women’s participation in entrepreneurship and Uganda’s digital economy. The programme is being implemented by Standard Chartered Uganda in partnership with The Innovation Village, Village Capital and
EAC Banks Challenged to Finance Skills, Markets to Drive Industrial Growth
dfcu Bank has called on commercial banks, regulators, and central banks across East Africa to build a fully integrated financial ecosystem that can unlock capital at scale, strengthen industrial competitiveness, and facilitate seamless cross-border trade. Speaking at the annual Regional Industrialisation Conference, convened by the Private Sector Foundation (PSFU), at Serena
Stanbic expands access to unsecured loans with revamped ‘Oli in Charge’ campaign
Stanbic Bank Uganda has expanded access to unsecured loans under a revamped ‘Oli in Charge’ campaign, positioning the initiative to support families preparing for the third school term, entrepreneurs seeking business capital, and farmers investing in production as the country enters the final quarter of the year. This initiative comes as Stanbic
Uganda to Turn Coffee, Cocoa Farms into Tourism Attractions
Uganda is set to integrate coffee and cocoa production into the country’s tourism offering, with pilot agricultural tourism experiences expected to begin in farming regions next year. The initiative is aimed at using Uganda’s globally recognised agricultural products to attract tourists while creating additional income opportunities for farmers and strengthening
