Business

  COMMENT | NANTEZA SARAH KYOBE |  The Baganda have a saying, ‘Okutambula kulaba, okudda kunyumya’, that can be loosely translated as ‘travel and see, then return home to share the story’. My recent visit to the China–Uganda Liao Shen Industrial Park in Nakaseke District, popularly known as Kapeeka Industrial Park, indeed …

  The lender has waived transaction charges and loan arrangement fees for six months and says credit decisions will be made within 48 hours   Kampala, Uganda | JULIUS BUSINGE | NCBA Bank Uganda has launched a new business banking proposition offering unsecured loans of up to Shs500 million within …

Juba, South Sudan | URN | South Sudan has regained limited access to advance financing against its future crude oil exports after reaching an agreement with commodities trader BB Energy to partially settle a dispute that had led to restrictions imposed by a London court. The agreement comes weeks after the …

  Agri SMEs urged to take advantage of available funding opportunities at 3 Day Bootcamp by Pearl Bank   Kampala, Uganda |  NEWS CORRESPONDENT |  Pearl Bank, in partnership with Ronalds in Africa, on Friday concluded a 3-day bootcamp aimed at encouraging farmers to take advantage of available funding opportunities so …

  Kampala, Uganda | THE INDEPENDENT | For many Ugandans living outside major urban centres, online shopping was once viewed as a service reserved for residents of Kampala and a few large municipalities. Long delivery timelines, high transport costs and limited logistics infrastructure meant that customers in districts such as …

  KHARTOUM | Xinhua |  Sudan’s mango industry, once a thriving sector employing thousands and generating significant export revenue, has been devastated by over two years of war, with local farmers, exporters and experts warning that disrupted supply chains, rising transport costs and damaged infrastructure are pushing the sector to …

Kampala, Uganda | NEWS CORRESPONDENT |  More than 30 founders and business leaders from diverse sectors recently convened in Kampala for the Inaugural Founders Nexus, a first-of-its-kind retreat designed to create a space for reflection, learning, collaboration, and collective problem-solving among founders. The Founders Nexus is a summit of social entrepreneurs …

Kampala, Uganda | NEWS CORRESPONDENT |  Equity Bank Uganda is positioning itself at the center of Uganda’s growing clean energy transition, unveiling an aggressive financing strategy aimed at making solar technologies, clean cooking systems, and renewable energy solutions more affordable for households, schools, farmers, and small businesses across the country. As …

  Strategic communication must go beyond headlines, Lumumba tells PR professionals   Kampala, Uganda | NEWS CORRESPONDENT | Strategic communication should be embedded in leadership and decision-making rather than limited to media publicity, the Minister for Information, Communications Technology and National Guidance, Justine Kasule Lumumba, has said. Speaking as chief guest …

  Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank Uganda has cut its lending rate to 10% per annum for agriculture-based savings and credit cooperative organisations (SACCOs), in a move that underscores rising competition among lenders targeting Uganda’s rural financial ecosystem. The reduced rate is aimed at improving access to …