Standard Chartered marks 114 years of banking in Uganda
Standard Chartered Bank Uganda has marked 114 years of operations in the country, celebrating its longstanding contribution to Uganda’s financial sector and its role in connecting local businesses and institutions to international capital and markets. The bank, which opened its Kampala branch on August 12, 1912, marked the anniversary under
Govt moves to clean up industrial data with new national register
The government is moving to establish a comprehensive national database of industries and manufacturing establishments as it seeks to address inconsistencies in industrial data and improve planning for the sector. The Minister of State for Trade, Industry and Cooperatives, Sanjay Tanna, said the ministry has embarked on developing a National
URSB turns to ADR to ease commercial disputes
The Uganda Registration Services Bureau (URSB) is increasingly using Alternative Dispute Resolution (ADR) and its quasi-judicial powers to resolve commercial disputes without forcing businesses into lengthy and costly court battles. The move, highlighted in the newly published URSB Case Digest, Volume II, 2026, is aimed at strengthening the business environment
Heifer seeks to attract more youth to agriculture
Heifer International Uganda is stepping up efforts to attract more young people into agriculture by promoting technology, mechanisation, access to finance and innovative agribusiness opportunities, country director William Matovu has said. Matovu said the organisation is increasingly using technology and new approaches to make agriculture more attractive to young people,
Governor Atingi-Ego: Cybercrime threatens Uganda’s digital economy as cases nearly double
Uganda is facing a growing cybercrime threat exposing the risks that come with the country’s rapid shift to digital services. The cases nearly doubled from 245 in 2023 to 474 in 2024. The cases declined slightly to 412 in 2025, but Michael Atingi-Ego, the Bank of Uganda Governor warned that the continued
How Netherlands Study Trip is Powering Zubair Mukaaya’s Poultry Ambitions
The Best Farmers Awards have become one of Uganda’s most influential platforms for recognising excellence in agriculture, celebrating farmers who are driving innovation, creating jobs and transforming their communities. Through the initiative, dfcu Bank, in partnership with Vision Group and other partners, has gone beyond recognising success to supporting farmers through access
Gold fraud probe: Investor loses Shs 1.62 billion in 20kg deal
The Police Mineral Protection Unit, working with the State House Investors Protection Unit (SHIPU) and other security agencies, has launched investigations into an alleged gold fraud involving an Indian British investor who reportedly lost about Shs 1.62 billion in a dubious transaction. Preliminary findings indicate that the investor was lured
Shilling strengthens on strong inflows as liquidity surges
The Uganda shilling posted modest gains last week, supported by strong inflows from commodity exporters, remittances and non-governmental organisations, which offset demand for foreign exchange from corporate players. According to Richard Nsubuga, Acting Head of Trading, CIB Markets at Absa Bank Uganda, the local unit traded at 3,725/3,735 on Friday
ABC Capital targets retail banking, digital shift for growth
ABC Capital Bank Limited has unveiled a new growth strategy anchored on digital transformation and expansion into retail banking, as it seeks to consolidate recent gains and position itself for long-term sustainability. The strategy follows a strong financial performance in 2025, where the bank recorded a 285 per cent increase
EACOP hits 91% completion as pipeline welding nears finish
The East African Crude Oil Pipeline (EACOP) project has reached 91 per cent overall completion, slightly below the planned 94 per cent, with officials confirming that welding of the entire pipeline is largely complete. EACOP deputy managing director John Bosco Habumugisha said progress had been affected by external factors, including
