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Tag Archives: SME

SMEs share growth and business protection priorities at dfcu meet

  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 …

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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, …

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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 …

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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 …

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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 …

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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 …

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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 …

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