Business owners discuss growth, cash-flow management, business resilience and financing needs during the latest Kyusa Level SME Customer Dine-Out. Kampala, Uganda | NEWS CORRESPONDENT | Small businesses remain at the centre of Uganda’s economy, but many entrepreneurs are navigating a business environment shaped by rising operating costs, tighter …
Read More »Bank of Africa-Uganda strengthens SME commitment at CEO Business Conference 2026
Kampala, Uganda | THE INDEPENDENT | Bank of Africa-Uganda participated in the 3rd Edition of the CEO Business Conference 2026, held under the theme “Adapt and Advance,” bringing together chief executives, business owners, and senior decision-makers from sectors such as construction, trade, and education, it said on May 4. The …
Read More »FMO extends $20 million facility to I&M Bank Uganda to boost SME financing
Kampala, Uganda | THE INDEPENDENT | The Entrepreneurial Development Bank FMO has extended a $20 million senior unsecured facility to I&M Bank Uganda Limited to expand financing for small and medium-sized enterprises (SMEs), in a move aimed at strengthening business growth and financial inclusion in Uganda. The financing arrangement includes an initial $10 million senior debt commitment, …
Read More »Ecobank Uganda strengthens SME ties with consultative workshop
KAMPALA, UGANDA | THE INDEPENDENT | Ecobank Uganda recently hosted a successful Small and Medium Enterprises (SME) Consultative Breakfast Workshop at the Sheraton Hotel, bringing together over 80 key SME clients and bank staff. The event, organized by Ecobank Transnational Incorporated’s Ugandan subsidiary, aimed to enhance business relationships and showcase …
Read More »MTN Uganda unveils ‘API as a Service’ to drive digitalization for SME
Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda, has unveiled a new MTN ‘API as a Service’ solution to enable third parties access its proprietary software platform and create value added services to accelerate digital transformation and innovation API an acronym for application programming interface is a software intermediary …
Read More »SME chief, John Walugembe graduates from Harvard University
Kampala, Uganda | THE INDEPENDENT | Uganda’s Small and Medium Enterprise Chief, John Kakungulu Walugembe, graduated from Harvard University’s John F. Kennedy School of Government on 29th May 2022. In a color full ceremony, held at the University’s campus in Cambridge Massachusetts, that was graced by the United States of America’s …
Read More »SME body speaks out on government’s budget plan, COVID-19 and economy
Kampala, Uganda | THE INDEPENDENT | John Walugembe, the executive director of Federation of Small and Medium Sized Enterprises Uganda has urged the government to practically implement its proposed economic recovery programme in a bid to improve peoples’ livelihoods. Walugembe speaks for the umbrella/business association that brings together over 112,000 micro, small …
Read More »Shs200bn COVID-19 relief package for small businesses in offing – SME body
Kampala, Uganda | Julius Businge | Small businesses that have been negatively impacted by the COVID-19 lockdowns could smile any time from now if government plan to inject cash into their enterprises come to pass. This follows a meeting where the Federation of Small and Medium-sized Enterprises was invited by the …
Read More »Kenyan firm joins Uganda’s pension sector
Kampala, Uganda | THE INDEPENDENT | One of Kenya’s leading independent pension administrators has joined has joined Uganda’s pension after being licensed by Uganda Retirement Benefits Authority. Enwealth Financial services formerly operating as Liberty Pension Services in Kenya joins the liberalized pension sector in Uganda to provide retirement benefits. Unlike National …
Read More »KCB sends customers to Japan-Tokyo for a business trip
Kampala, Uganda | Julius Businge | In a bid to support growth of business for its customers, KCB Bank Uganda has organised a business trip for its business club customers who will travel to Tokyo, Japan from the March 2-12, 2019. The 10 day tour of the city of Tokyo will expose …
Read More »
The Independent Uganda: You get the Truth we Pay the Price