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Tag Archives: SMEs

Uganda’s SMEs get Shs 1.8bn funding boost

Kampala, Uganda | THE INDEPENDENT | A new partnership between SHONA Capital and Cornerstone Asset Managers is injecting $500,000 (USh1.84bn) into Uganda’s small and medium-sized enterprises, a move that underscores growing momentum to domesticate financing for the country’s backbone businesses. The investment, sourced from high-net-worth individuals through Cornerstone’s Private Wealth Management …

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Ugandan SMEs get shs1.8Bn financing boost

KAMPALA, UGANDA | THE INDEPENDENT | SHONA Capital, a Ugandan small and medium support investment firm, has secured 1.84 Billion Shillings to support SMEs with high potential to grow and flourish. The money was mobilised under a partnership with Cornerstone Asset Managers, from high-net-worth individuals with the idea to support …

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Unlocking Uganda’s E-Commerce Potential: Empowering SMEs to thrive in the digital age

OPINION | Ivy Maingi | Small and Medium Enterprises (SMEs) are the heartbeat of Uganda’s economy, playing a crucial role in job creation, local innovation, and overall economic growth. Yet, in today’s fast-paced digital landscape, many SMEs face challenges in adapting to the tools and platforms necessary to remain competitive. At …

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