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Tag Archives: finance

Equity Bank to showcase at UNAA 2025 in New Orleans

Explore Digital Banking, Cross-Boarder Transfers and Investment at the Equity Bank Booth New Orleans, US | THE INDEPENDENT | Equity Bank is set to showcase tailored financial solutions for Ugandans in the diaspora at this week’s Uganda North America Association Convention in New Orleans. The Bank, which is one of the convention …

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Uganda to Host Inaugural Development Finance Summit

Kampala, Uganda | THE INDEPENDENT | Uganda is set to host the inaugural Uganda Development Finance Summit from September 1-2, 2025, at the Speke Resort Convention Centre in Kampala. Convened by the Uganda Development Bank (UDB), the country’s national Development Finance Institution, the summit will gather over 400 high-level delegates from …

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PDM SACCOS to get sh3.3 trillion before June 30th

  Kampala, Uganda | THE INDEPENDENT |  Over ten thousand Parish Development Model ((PDM) SACCOS will be capitalized with funds totaling Sh3.2 trillion by the end of the financial year 2024/2025 next month. State Minister for Finance, Henry Musasizi says the money will be sent directly to the beneficiaries’ bank and …

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Importance of expanding financial solutions for economic growth in Uganda

COMMENT | Gloria Kunihira Mujuni | Access to finance is a fundamental pillar for economic growth, yet many individuals, small businesses, and educational institutions in Uganda struggle with limited financial options. As Uganda continues to experience economic expansion, the role of financial institutions in providing diverse financial solutions—such as unsecured …

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Finance: Average Ugandan to earn shs4.9m by mid 2026

Kampala, Uganda | THE INDEPENDENT | The government has a spending plan that should ensure an average Ugandan earns 1,338.7 US Dollars or 4.9 million shillings per year by the end of 2025/2026. Currently,  the per capita income of Uganda stands at 1,046 dollars (3.85 million shillings) as at the end …

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