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Tag Archives: SMEs

CFAO Motors unveils vehicles for SMEs

  Kampala, Uganda | THE INDEPENDENT | CFAO Uganda, an automotive company in Uganda has unveiled two vehicles – Toyota Belta and Toyota Rumion suited for small and medium enterprises looking to go about their daily activities. Unveiled on Nov.19 in Kampala, the new vehicles will be promoted through a …

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UDB sets aside UGX 600Bn for SMEs in 2022

Kampala, Uganda | THE INDEPENDENT | The Uganda Development Bank plans to spend 612 billion Shillings on the promotion of Small and Medium Enterprises in the country, amidst new and evolving challenges facing the economy. This amount will be more than double the figure spent over the year 2021. The increase …

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SMEs complete business survival, recovery and continuity training

Kampala, Uganda | THE INDEPENDENT | A total of 60 decision-makers from 46 Small and Medium-sized Enterprises have graduated from the pandemic-response online Business Continuity and Survival Training that was organized by the Employment and Skills for Development in Africa Programme (E4D) in September 2020. The E4D programme is commissioned by …

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SBIL: 700 SMEs awarded certificates in enterprise development

  Kampala, Uganda | THE INDEPENDENT | Stanbic Business Incubator Limited (SBIL) has awarded 700 Small and Medium Enterprises (SMEs) with certificates in enterprise development, this, after three months of training in financial literacy, business planning, contracts and bid management. The participating SMEs were drawn from a wide range of …

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CapitalSavvy, Monetix to support small businesses through technology

Kampala, Uganda  | THE INDEPENDENT | There is an opportunity for small and medium enterprises to further access credit more efficiently, thanks to a newly established technological gateway to the European-based investors. This follows the launch of the partnership between CapitalSavvy, a Ugandan investment management and advisory firm and Monetix, a …

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UDB launches unique solutions for women, youth and SMEs

Kampala, Uganda | THE INDEPENDENT |  The Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution, has today announced exclusive offers aimed at addressing the growth of the key sectors of youth, women and SMEs. In addition to credit offerings to these segments, UDB will introduce a Business Accelerator …

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How SMEs can tap into oil and gas as first oil nears

Local firms need to enhance their capital base and strengthen corporate governance to benefit from the nascent sector Kampala, Uganda | JULIUS BUSINGE | Small and medium-sized enterprises need to enhance their capital base, embrace partnerships and adhere to high corporate governance standards to reap from the upcoming oil and …

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