Uganda urged African countries to unite under the Continental Free Trade Area to strengthen their position in world markets. Investment Minister Evelyn Anite told officials at a Geneva conference that the trade agreement connects 1.4 billion people across 55 nations and provides leverage to negotiate better economic terms. She said coordinated action helps Africa shift…
Women entrepreneurs in Kitagwenda District have built successful businesses through the government Emyooga cooperative program by producing wine, raising chickens, and processing coffee. Ritah Alinaitwe used cooperative funds to start wine production and construct a permanent home after years of financial struggle. Gertrude Kemigisha borrowed 400,000 shillings to process coffee beans into finished drinks that…
MTN Uganda opened a redesigned service center and branded traffic circle in Arua City as part of efforts to enhance customer access and improve public spaces. Dorcus Muhwezi, general manager for customer experience, said the facility replaces a building destroyed by fire five months earlier and provides mobile money services and affordable devices. The company…
PostBank Uganda Chief Financial Officer Peter Ssenyange received two honors at the ninth annual CFO Awards on Thursday. He earned the CFO of the Year and the Sustainability Award at the ceremony organized by Deloitte Uganda and the Association of Chartered Certified Accountants Uganda. The awards recognize finance professionals who demonstrate leadership in strategic planning…
Women entrepreneurs in Mbarara City South have expanded businesses in wine production, briquette manufacturing, tailoring and crafts after receiving government assistance through Emyooga. The local cooperative started with seed money in 2019 and grew its capital to 327 million shillings while serving more than 5,000 women across 202 groups. Kauda Annet Wasswa leads a 30-member…
Pride Bank Uganda partnered with Jubilee Health and Padre Pio Insurance Brokers to introduce Pride Care, an insurance product that connects health coverage to savings accounts. Customers who keep at least 100,000 shillings in their accounts receive automatic access to medical insurance. The bank designed the program after hearing customers describe how hospital bills depleted…
Uganda Revenue Authority deployed speedboats to combat smuggling across lakes and waterways that threaten local commerce. Commissioner General John Musinguzi said illegal trade drains government revenue needed for national development while harming legitimate businesses. The vessels will monitor Lake Victoria, Lake Albert, and the River Nile, where smugglers operate across porous borders. The agency runs…
NCBA Bank pledged continued support for Uganda’s chief financial officers at the 2025 ACCA-Deloitte awards ceremony in Kampala. Chief Executive Mark Muyobo praised the Association of Chartered Certified Accountants Uganda and Deloitte for recognizing financial leadership excellence since 2017. He said finance professionals have evolved from traditional bookkeepers into strategic partners who guide organizations through…
Rotary Club Bulindo launched a financial education initiative with partner clubs from District 9213 to help Ugandans manage their money more effectively. Percy Lubega, club president, said inadequate money management prevents many people from achieving success despite having income. The program will teach saving strategies, investment principles and fraud prevention through community outreach across the…
Uganda and Qatar will hold their second business forum on Monday, Oct. 27, 2025, at Rotana City Center in Doha. The event aims to connect investors, business executives, and government representatives from both countries under the theme of partnership for shared economic development. KON W.L.L. serves as the strategic partner for the gathering. Ambassador Stephen…
