Finance
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SHONA Capital partners with Cornerstone Asset Managers to Invest Shs1.84 billion in Ugandan SMEs
SHONA Capital, a Ugandan investment firm focused on supporting high-growth Small and Medium Enterprises (SMEs) in Uganda with the capital…
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MTN Uganda’s mobile money transactions hit Ush 158.6 trillion in 2024
MTN Uganda’s mobile money platform has cemented its position as a key pillar of the nation’s digital economy, processing a…
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Stanbic PMI: Improved business conditions resume for Uganda’s private sector
Operating conditions for Ugandan private sector firms improved in February, following a brief decline at the start of the year…
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Mumba Kalifungwa takes charge at Stanbic Bank Uganda
Mumba Kenneth Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by…
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Bank of Uganda gets new governor
Michael Atingi-Ego has been appointed full governor of Bank of Uganda and will now be deputized by Augustus Nuwagaba. Atingi-Ego…
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Grow loan beneficiaries to access more support from government
It is exactly one year ever since the Generating Growth Opportunities and Productivity for Women Entrepreneurs (GROW) project’s loan facility…
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A decline in Uganda’s business conditions marks beginning of 2025
There was a fall in consumer demand during January dropping the headline Stanbic Purchasing Managers’ Index (PMI) to 49.5 compared…
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Uganda retains 4th place in Absa Africa financial markets index
Uganda has maintained its fourth position in the Absa Africa Financial Markets Index, scoring 63 points, according to a report…
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Uganda’s inflation rate slows to 3.3% in 2024
Uganda’s inflation rate dropped to 3.3% in 2024, a significant decline from 5.4% recorded the previous year, according to the…
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Gov’t unveils budget framework paper for FY 2025/26
Government has unveiled a bold budget plan for the 2025/26 financial year, centered on fully monetizing the economy through initiatives…
