The Fund’s Assets Under Management grew by 17.5% to Shs 26 trillion by the close of the Financial Year 2024/25 Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) has reported a remarkable performance for the financial year 2024/25, marking the close of its 10-year strategic plan, …
Read More »Unlocking Africa’s economic potential through development finance
Harnessing institutions to build confidence, capital, and inclusive growth Kampala, Uganda | Julius Businge | Africa stands at a historic crossroads. For decades, the continent’s growth narrative has been tied to foreign aid and volatile international capital flows, leaving many of its economies vulnerable to global shocks and unsustainable debt cycles. …
Read More »Insurers’ H1 premiums surge 9% to Shs 1trillion
Despite the upbeat numbers, structural weaknesses remain Kampala, Uganda | Julius Businge | Uganda’s insurance industry recorded a strong performance in the first half of 2025, with Gross Written Premiums (GWP) rising 9 per cent to Shs1.06 trillion compared with Shs933.76 billion in the same period a year earlier, according to …
Read More »Uganda Embassy in Washington trains 100 exporters
Kampala, Uganda | JULIUS BUSINGE | On Aug.18, the Embassy of the Republic of Uganda in Washington, in partnership with US-based facilitator Elaine Robnett Moore launched a six-day training program designed to enhance the skills of 100 Ugandan artisans to explore entry opportunities for their products in the US market. The …
Read More »MTN Uganda H1 revenue hits Shs 1.7 trillion on data, fintech growth
Kampala, Uganda | JULIUS BUSINGE | MTN Uganda has posted robust financial results for the first half of 2025, buoyed by surging demand for data and financial technology services as more Ugandans tap into the digital economy for communication, business, and daily transactions. For the six months ending June 30, 2025, …
Read More »Mbale farmer voices concerns as Uganda prepares for EU Coffee compliance deadline
Mbale, Uganda | Julius Businge | Mbale coffee farmer Patrick Nayumu Akabu has expressed confusion and frustration over the ongoing European Union Deforestation Regulation (EUDR) compliance process. Speaking about farmer registration in some coffee-growing areas, Nayumu noted that unclear communication and limited sensitization are leaving many producers uncertain about the steps …
Read More »Powering the digital future
Powering the telecom sector to drive socio-economic transformation isno longer a luxury — it’s a national imperative, experts say Kampala, Uganda | JULIUS BUSINGE | Uganda’s push toward a digitally enabled economy received renewed momentum at the Telecom Sector Power Forum 2025, held on Tuesday, August 5, in Kampala. Hosted under …
Read More »COMESA Competition Commission issues consumer alert on 5,000 Ford Vehicles over safety concerns
LILONGWE, MALAWI | Julius Businge | The COMESA Competition Commission (CCC) has issued a consumer alert to the general public concerning a major safety recall involving more than 5,000 Ford vehicles manufactured between 2021 and 2025. The recall, announced in July 2025 by Ford Motor Company of Southern Africa, affects …
Read More »Nelson Tugume’s Africa Coffee Park is beyond coffee
From coffee beans to billion-dollar dreams, Tugume is brewing a revolution in Uganda’s highlands—one innovation at a time Ntungamo, Uganda | JULIUS BUSINGE | In the rolling hills of Rwashemire, Ntungamo district, a bold business dream is taking shape—one that promises to redefine Uganda’s coffee economy and transform its role …
Read More »Beyond Electricity: Nyagak III lights up lives and livelihoods in West Nile
The government commissioned the $20m Nyagak III Power Project on August 1, 2025 NEWS ANALYSIS | JULIUS BUSINGE | When Joseph Obedgiu first arrived at the Nyagak III Hydropower Project site in 2021 as a casual helper, he had little idea of the transformation that lay ahead. Today, he serves …
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