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Tag: Uganda economy

The Minister of State for Finance, Henry Musasizi, has defended the government’s request to borrow over UGX 1.004 trillion for the capitalization of Uganda Development Bank Limited (UDBL), citing the need to provide affordable long-term capital to Uganda’s business community.

Parliament, Buganda Kingdom eat big in latest budget increase

by Julian Ninsiima | Reporter

The Minister of State for Finance, Henry Musasizi KAMPALA— Uganda's national budget for the 2025/26 financial year has once again expanded, ...

Uganda's economic expansion plan to $500B by 2040 is underpinned by a stable currency and increasing Foreign Direct Investment, Finance Minister tells Malaysian investors.

Stable currency, FDI growth underpin Uganda’s economic expansion plan

by JAVIRA SSEBWAMI | PUBLIC EDITOR

Uganda's economic expansion plan to $500B by 2040 is underpinned by a stable currency and increasing Foreign Direct Investment, Finance ...

Secretary to the Treasury, Ramathan Ggoobi,

PS Ggoobi: Small Business Growth Central to Uganda’s $500B Economic Ambition

by Ronald Mayega | Reporter

Ggoobi emphasized the importance of attracting tourists and investors to achieve the country's 10-fold growth strategy. KAMPALA, Uganda — Uganda ...

Francis Karuhanga, the Stanbic Uganda Holdings Limited (SUHL) Chief Executive making remarks.

PROFIT POWERHOUSE! Stanbic Uganda unleashes UGX 478 Billion earnings juggernaut!

by JACKSON RUGUNDA | UG STANDARD REPORTER

Francis Karuhanga, the Stanbic Uganda Holdings Limited (SUHL) Chief Executive making remarks. KAMPALA, Uganda — Stanbic Uganda Holdings Limited, the ...

The Bank of Uganda is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is wholly owned by the government but is not a government department (PHOTO/Courtesy).

Bank of Uganda tips Ugandans on investing in treasury bills and bonds

by Juliette Namakula | Assistant Editor

The Bank of Uganda is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is ...

SPOTLIGHT: Uganda Railways to spend UGX 850 million a month on controversial locomotive lease deal

by JOSEPH NSIMBI | UG STANDARD REPORTER

Passengers disembark from Uganda Railways Corporation locomotives at Kampala's main railway station, as the country revamps its rail network KAMPALA, ...

MTN MoMo's Okwi addressing the guests during the launch of a new online platform dubbed Market by MoMo

MTN, Mastercard Unveil E-commerce Platform in Uganda

by WINNIE NAKAMATTE | REPORTER

MTN MoMo's Okwi addressing the guests during the launch of a new online platform dubbed Market by MoMo Kampala, Uganda ...

NSSF Managing Director Patrick Ayota unveils the new NSSF Smartlife Savings Plan at a media event in Kampala, highlighting the plan's flexibility and affordability for savers.

NSSF Launches Voluntary Savings Product to Include Informal Sector, Public Service Workers, and Mandatory Top-Ups

by Juliette Namakula | Assistant Editor

NSSF Managing Director Patrick Ayota unveils the new NSSF Smartlife Savings Plan at a media event in Kampala, highlighting the ...

MTN Uganda Posts 29.6% Rise in Profit for First Nine Months of 2024

by LILIAN MUWONGE | UG STANDARD REPORTER

Sylvia Mulinge, CEO of MTN Uganda, speaking at a press conference in Kampala on November 4, 2024, following the company's ...

Head of Fintech Business at PostBank Uganda Brenda Mpoora (L), guiding a farmer on how to use the Wendi Mobile Wallet while Roger Gilbert Nyakahuma (Center Back), the IFDC BRIGHT project Financial Inclusion Manager and other officials and farmers look on. This was held today,15th October 2024 in Budwale Sub County, Mbale District, where Wendi by PostBank engaged with the community aimed at improving access to financial services to highland farmers through Village Saving and Loan Associations (VSLAs) via the Wendi Mobile Wallet.

3000 Ugandan farmers to benefit from PostBank, IFDC mobile wallet partnership

by Ronald Mayega | Reporter

Head of Fintech Business at PostBank Uganda Brenda Mpoora (L), guiding a farmer on how to use the Wendi Mobile ...

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