Category: Economy&Finance
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Governor Ken Lusaka Governor Kenneth Lusaka has called on residents, particularly the youth, to embrace agribusiness and value addition as key pillars for economic empowerment and sustainable livelihoods. Speaking during the Farmers Field Day at the Mabanga Agricultural Training Centre (ATC), Lusaka reaffirmed his administration’s commitment to revolutionizing the agricultural sector, which he termed the…
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After more than fifteen years of waiting, a sense of relief has finally reached the former employees of the Panpaper factory. The national government has allocated 230 million shillings to pay their long-overdue dues, a decision that comes as a major relief to those who have endured significant hardship since the factory’s closure. Principal Secretary…
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Equity Bank Uganda has reaffirmed its commitment to driving small and medium enterprise (SME) growth with the 3rd regional edition of its “Tupange Business Ne Equity” engagement series, held in Fort Portal. The event brought together entrepreneurs, traders, and community leaders to network, share insights, and chart a stronger future for regional business. Building on…
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Absa Bank Uganda, through its flagship Business Club, has launched a series of Regional SME Forums, starting with Masaka, Mbarara, and Fort Portal. The initiative, delivered in partnership with Uganda Airlines, DHL, Grant Thornton, and Enterprise Uganda, is designed to equip entrepreneurs with practical skills, networks, and opportunities to strengthen their businesses and position them…
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Speke Apartments – Wampewo, a luxurious apartment complex, has launched a range of promotional packages offering accommodation, delicious meals, relaxing massages, and access to fantastic amenities, in celebration of Uganda’s 63rd Independence Day. The promotion will run from October 8 to October 10. Deluxe One-Bedroom units are priced at Shs 711,000, while Superior One-Bedroom units…
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Equity Bank awards Mr. John Magara, owner of Hoima Buffulo Hotel and Business Hub Limited- SME Business Influencer Award. Equity Bank wrapped up the final engagement of its “Tupange Business Ne Equity” campaign in Hoima, marking the culmination of a nationwide series of workshops that have already visited Kampala, Mbale, Arua, and Fort Portal. Olivia…
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Speke Resort Munyonyo successfully hosted the inaugural Uganda Development Finance Summit 2025. The two-day event, convened by the Uganda Development Bank (UDB), set the stage for dynamic discussions, networking, and innovative solutions to Africa’s pressing economic challenges. The summit was officially opened by President Museveni who was accompanied by the First Lady, Janet. The event…
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Two years ago, I’d have scoffed at the idea of stunning my village. As a mtumba clothes seller, life was a daily grind. Under the blazing sun, I haggled over secondhand wares, often earning just fifty shillings—or nothing at all. Most days, I returned home empty-handed. Villagers sneered, dubbing me “Mama Mitumba” with disdain. Relatives…
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When I launched my small business, I believed success hinged on hefty advertising budgets. Big brands splashed cash on celebrity endorsements, towering billboards, and dazzling online campaigns. I tried to compete, but my limited funds stretched thin, leaving me anxious about rent, inventory, and survival. Each shilling spent on ads drained my resources, pushing me…
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Chris Oloo, a cheerful and laid-back man from the Luo community, became the centre of attention in Nairobi following a dramatic event at a luxury hotel. After bagging KES 3 million from a sportpesa, Chris embraced a carefree attitude, famously saying, “Life’s too short to be cautious!” Eager to enjoy his sudden fortune, he spent…