Financial Institutions Urged to Prioritize Supporting Women Businesses
Financial institutions have been urged to prioritize supporting women in business, “because they are backbone of economic and social progress.” Elizabeth Mwerinde, Head of Commercial Banking at Ecobank, made this call why while speaking at the 12th Annual Women in Business Achievers Awards and Gala Dinner held in Kampala.Mwerinde noted that women have long faced…
Global Conflicts Undermine Uganda’s Tea Export Market
Wars in several foreign countries—especially the conflict between Russia and Ukraine, as well as instability in Pakistan, Egypt, and Sudan—have severely affected Uganda’s tea exports. Uganda traditionally exported high-grade tea to Russia, Ukraine, Pakistan, and Egypt, and supplied lower-grade tea to Sudan. However, the conflicts in these countries have disrupted demand and slowed Uganda’s tea trade.…
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BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan
The Bank of Uganda has been locked in a heated debate with Savings and Credit Cooperatives (SACCOs) over new financial regulations. But according to the central bank, these rules are meant to expand financial inclusion and help ordinary Ugandans build stronger credit histories. David Kalyango, the Executive Director of Supervision at the Bank of Uganda,…
East Africa Embarks On Plastic Policy For Green Industrialization
As the world continues seeking a treaty to end plastic pollution, Africa is not waiting to adapt but is planning ahead, says UN Trade and Development (UNCTAD) Supported by UNCTAD’s SMEP programme, countries in East Africa are also accelerating progress towards a circular and regenerative economy. The East African Community is considering a draft bill on a…
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Mandela Group Launches East Africa’s Largest Badminton Festival in Kampala
The highly anticipated City Tyres East Africa Badminton Challenge 2025 was officially launched today at Lugogo Indoor Stadium, marking the start of what is now the largest badminton tournament in East African history. The opening ceremony was a spectacle of colour and excitement, featuring lively performances from young school teams and drawing an enthusiastic crowd…
dfcu Bank Opens 55th Branch in Fort Portal to Boost Regional Growth
Fort Portal, Uganda – 24th September 2025 — dfcu Bank, one of Uganda’s leading financial institutions, has officially launched its 55th branch in Fort Portal Tourism City, strategically located along Babiiha Road. This expansion underscores dfcu Bank’s commitment to deepening financial inclusion, powering entrepreneurship, and fueling economic growth in Uganda’s Western region. The Fort Portal…
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