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Tag Archives: Uganda

Uganda’s private sector shows resilience

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector experienced a modest deceleration in growth in Feb, as indicated by the Stanbic Purchasing Managers’ Index (PMI) which adjusted to 51.7 from a previous 54.0 in January. Despite this slight easing, the sector continued to demonstrate robust performance with sustained improvements across …

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Equity Uganda investigates multi-billion shillings suspected fraud

Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has launched investigations into cases of fraud surrounding their Stock Loan and Agent Float financing that happened recently. The Stock Loan product is a credit facility meant to support entrepreneurs, small and medium-sized enterprises (SMEs), and large businesses across various sectors with …

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Time to repurpose local governments for fiscal resilience

Local governments shouldn’t be solely administrative but position their districts as strategic investment hubs COMMENT | WALTER AKENA | Local governments in Uganda have traditionally functioned as administrative entities, responsible for delivering public services to citizens within their jurisdictions. However, they have grappled with financial difficulties. Despite experiencing a minor rise …

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Uganda, EU agree to increase trade

Kampala, Uganda | THE INDEPENDENT | The European Union and Uganda have agreed on the need to increase trade and investments between them because the current environment is favorable. While the EU is Uganda’s largest single source of foreign direct investment and tourists, trade between the two is worth about 1.5 …

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Reducing teenage pregnancies

Ministry of Health unveils comprehensive package of solutions Kampala, Uganda | PATRICIA AKANKWATSA | Uganda faces a significant public health challenge with its high rates of teenage pregnancy. According to the Ministry of Health, approximately 24% of adolescent girls aged 15-19 become pregnant or have already given birth. This alarming statistic …

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