UDB Graduates 32 SMEs in Mbarara, Equipping Entrepreneurs with Investor-Ready Skills
Uganda Development Bank Ltd (UDB) has graduated a new cohort of Small and Medium Enterprises (SMEs) in Mbarara District through its Enterprise Development Program (EDP), providing them with the skills and knowledge necessary to become investor-ready. Through business advisory services, UDB prepares and positions both startups and established businesses to
Gov’t Offers Amnesty to domestic Tax payers
In a move that could redefine the relationship between taxpayers and the state, the Uganda Revenue Authority (URA), under the Ministry of Finance, has rolled out what it’s calling a final waiver on all accumulated interest and penalties for domestic tax arrears. Marketed as a relief measure for businesses still
Business Incubator Masterclass Demystifies New Tax Reforms for SMEs
In a bid to equip small and medium-sized enterprises (SMEs) with the knowledge needed to navigate Uganda’s evolving tax landscape, Stanbic Business Incubator Limited (SBIL) hosted its September Masterclass, spotlighting the country’s newly introduced tax measures for the 2025/2026 fiscal year. The session featured Solomon Rukundo, a Tax Specialist from
dfcu Bank’s SME Mobi Loan: A Conversation with William Kayongo, Head of Enterprise Banking at dfcu.
Small and Medium Enterprises (SMEs) are the backbone of Uganda’s economy. They employ millions, drive innovation, and contribute significantly to national output. Yet, one challenge continues to hold them back: access to affordable, timely credit. Traditionally, securing a business loan in Uganda has meant navigating collateral requirements, paperwork, and long
