Namibia generated N$3.6 billion from mineral exports during September, representing nearly half of all goods shipped abroad, according to statistics released by the national agency tracking international trade. The mining sector increased its monthly earnings by N$1.7 billion as global buyers sought uranium, diamonds, gold and nickel concentrate from southern African suppliers. Uranium-led commodity sales…

A state-owned construction firm in Uganda is adopting a lease-to-own program for heavy machinery after spending years renting equipment from private suppliers at high cost. Roads Contractor Company chief executive Dasius Nelumbu said on Tuesday the arrangement will allow the business to acquire graders, excavators, loaders and other vehicles through 60-month payment plans instead of…

Uganda’s largest microfinance lender has reaffirmed support for female business owners during a gathering examining barriers to commercial success. Centenary Bank participated in the 2025 Women’s Enterprise Conference, which assembled entrepreneurs, government officials and development organizations to address obstacles facing women in trade. Managing Director Fabian Kasi told attendees that the institution serves more than…

Uganda’s president will open a four-day trade gathering later this month that aims to strengthen connections between domestic producers and foreign purchasers seeking African merchandise and investment opportunities. The Presidential Advisory Committee on Exports and Industrial Development is organizing the gathering at Munyonyo Commonwealth Resort from November 25 through 28 under the banner Meet, Connect…

A government agency protecting bank deposits has brought its educational campaign to Soroti City, assuring citizens that their savings remain secure up to 10 million shillings if licensed institutions fail. Patrick Ezaga, communications director at the Deposit Protection Fund of Uganda, told residents during community meetings that this coverage applies to nearly all account holders…

Housing Finance Bank has started a nationwide competition seeking practical designs that could help close a 2.4 million unit shortage in residential construction. The HFB Zimba Challenge invites architects, builders, skilled workers and business owners to develop models suited for citizens across all earning brackets. Doreen Nyiramugisha from the bank’s marketing division said partners must…

Giles Aijukwe leads Letshego Uganda with a focus on expanding banking services to citizens traditionally excluded from the financial system. The chief executive describes his approach as transformational rather than transactional, emphasizing that access to loans and savings represents a matter of personal dignity for market vendors, motorcycle taxi operators and other underserved populations. His…

A technology center designed to teach coding and computer skills to young women has opened at Kyebambe Girls’ Secondary School in Fort Portal, expanding efforts to close the gender gap in digital education across the Rwenzori region. UN Women partnered with the African Union Commission, International Telecommunication Union and Ugandan government officials to launch the…

A retail chain has expanded its footprint with a 10,000-square-foot location at Freedom City shopping center near Entebbe Highway, bringing affordable merchandise to residents across multiple neighborhoods. China Town International held celebrations for the outlet serving communities from Katwe through Najjanakumbi and surrounding districts. Marketing and Public Relations Manager Agnes Maggimbi said the branch aims…

The distillery behind a popular Ugandan gin marked six decades of operations by honoring motorcycle taxi drivers and other workers who keep the nation moving. Uganda Breweries Limited selected boda boda operators as the centerpiece of anniversary events for Uganda Waragi, which first appeared in 1965 when two dozen blenders created a recipe drawing from…