Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank proudly hosted the second edition of its Business Clinic series for the year, building on the momentum of the inaugural session that focused on empowering women in business. This latest session broadened its scope to include micro and medium enterprises (SMEs), …
Read More »Uganda launches sh33 billion trade and investment project to support SMEs
Kampala, Uganda | THE INDEPENDENT | The Ministry of Trade, Industry, and Cooperatives, in collaboration with the International Trade Center and with support from the European Union (EU), has launched a new project that aims at empowering Uganda’s small and medium enterprises (SMEs). The four-year sh33billion project aims to …
Read More »Housing Finance Bank champions growth with nationwide business clinics for SMEs and women
KAMPALA, UGANDA | THE INDEPENDENT | Housing Finance Bank has today (April 17) unveiled a powerful new initiative aimed at fueling the growth of Uganda’s small and medium enterprises (SMEs) and women-led businesses. The newly launched HFB Business Clinics are designed as a transformative platform to deliver tailored financial solutions, expert …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Equity Bank aiming for 100% digital transactions for its customers
SMEs Encouraged To Embrace Equity Bank Technology For Growth, Sustainability and Ease Of Market Access Kampala, Uganda | THE INDPENDENT | Up to 96% of all customer transactions at Equity Bank Uganda are already through digital channels. About 50% of all Equity Bank Uganda customers are tele-connected and can access their …
Read More »Enhance capabilities to capitalise on oil and gas sector opportunities, SMEs told
The government has raised the budget allocation for the extractive sector by 92% to Shs961 billion for this financial year Kampala, Uganda | THE INDEPENDENT | Small and Medium Enterprises (SMEs) have been encouraged to bolster their operational capabilities to fully leverage opportunities within the oil and gas sector. This call …
Read More »Gov’t offers tax waiver to SMEs ahead of East African Trade Expo
ARUA, UGANDA | THE INDEPENDENT | The Ministry of Trade Industry and Cooperatives has announced a tax waiver for Small and Medium Enterprises (SMEs) from Northern Uganda who will participate in the forthcoming East African Trade expo. The expo, now in its 26th edition will be hosted in Juba, South Sudan …
Read More »Huawei holds Cloud Enterprise Summit for SMEs
Kampala, Uganda | THE INDEPENDENT | On May 2, tech giant, Huawei Technologies held a Cloud Enterprise Innovation and SME Summit 2024 in Kampala where over 100 industry startups, fintechs, venture capitals, government organizations, and key strategic partners unanimously agreed that SME development is only possible when technology is embraced. Charles …
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