Business
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Uganda’s business confidence stays strong despite decline in PMI
Uganda’s business confidence remains solid, even as the Purchasing Managers’ Index (PMI) dipped slightly to 54.2 in September. Despite the…
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BOU lowers interest rate to 9.75% as inflation eases
On October 7, 2024, the Bank of Uganda’s Monetary Policy Committee (MPC) lowered the Central Bank Rate (CBR) by 25…
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OFWONO OPONDO: Uganda steadily defies local media and political propaganda
Two decades ago during Joseph Kony’s atrocious war in Northern Uganda especially in Acholi subregion, local politicians, a few media…
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dfcu Bank backs women entrepreneurship with launch of the GROW Initiative in Western Uganda
dfcu Bank has today officially launched the GROW initiative in Western Uganda, aimed at providing financial support and capacity building…
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Ugandans weigh in on new “Rent-to-Own” housing initiative
The government of Uganda is set to reintroduce a housing model known as the “Rent-to-Own” system, which aims to make…
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NSSF unveils initiative to attract informal sector workers
In an effort to improve Uganda’s savings culture and enhance economic security for informal sector workers, the National Social Security…
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Will the exemption from bank guarantees solve Uganda’s construction woes?
When President Yoweri Museveni announced the removal of bank guarantees for local contractors, it sparked a wave of reactions across…
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dfcu Bank urges NGOs to seize financial independence amid declining donor funding
At a time when international donor funding is on the decline, dfcu Bank is stepping up to help Non-Governmental Organizations…
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Uganda receives first batch of line pipes for EACOP
Another milestone in the construction of the East African Crude Oil Pipeline (EACOP) has been reached with the first delivery…
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How Uganda is losing billions to cybercrime
Uganda is grappling with an alarming rise in cybercrime, with reported cases surging by 50% between 2021 and 2022, leading…
