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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July Inflation Eases as Food, Transport Costs Fall
The decrease in food prices and transport costs has relieved Ugandan households, the burden of the general consumer price rise (inflation) in the last 12 months ending July 2025. The Uganda Bureau of Statistics (UBOS) consumer price index report for the period reveals that prices increased by 3.8% over the last 12 months, ending in…
Financial Industry Calls for Incentives to Boost Diaspora Remittances
The financial industry, local and international, is calling for tax incentives and a general national policy on remittances to boost their inflows and enhance their potential influence on the economy. Officially, Uganda receives 1.4 Billion Dollars or about 5 Trillion Shillings annually from Ugandans working outside the country, according to the 2023 figures. However, this…
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Parliament Asks for Better Govt Budget Discipline
The government has read out to the public its budget proposals for the year 2025/26, with new warnings to accounting officers against accumulating arrears. Government debt, including domestic borrowing, domestic arrears and external loans has been a centre of contention between the government on one side, and the public on the other, with the government…
dfcu Foundation Launches with Mission to Empower Uganda’s Farmers, SMEs, and Youth
dfcu Bank has officially launched the dfcu Foundation in Mbarara district, a rebrand of the Agribusiness Development Centre (ADC) under the theme ‘’A New Name, A Renewed Commitment’’. The launch reiterates the Foundation’s commitment to supporting Uganda’s agricultural sector. This strategic transition aims to widen impact, bringing dfcu Bank closer to farmers countrywide and facilitating access to financial resources, increased markets…
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