Uganda emerged as the best in creating a favorable trade enabling environment among the East African nations, according to the Africa Trade Index of Standard Bank of South Africa, usually known as Stanbic in other countries. Uganda outperformed Tanzania and Kenya in the index, moving up from sixth to fourth as a result of its […]
Uganda has been experiencing significant infrastructural development in recent years investing heavily in various sectors such as transportation, energy, water and sanitation, and information and communication technology (ICT). Some of the key infrastructure developments in Uganda include; Uganda has been working on improving its transport network, including the construction of new roads, bridges, and railway […]
Investing is an important way to grow your wealth and secure your financial future. However, many people are discouraged from investing because they think it requires a lot of capital. The truth is that you can start investing with small amounts of money, and there are many investment opportunities that require little capital. In this […]
The Ugandan government has proposed to borrow Shs852 billion to rehabilitate the Kampala-Malaba meter gauge railway, with the loan offer from the African Development Bank (ADB) and the Corporate Internationalisation Fund of Spain including a Shs221 billion grant. In a letter to Speaker Anita Among, Acting Minister of Finance, Planning and Economic Development Hon. Henry […]
Non-payment of water bills by some customer segments is affecting the ability of National to effectively deliver services and meet its obligations. NWSC Management has taken a painful decision to implement a strict disconnection strategy for all outstanding arrears of more than one month, with immediate effect says Dr. Eng. Silver Mugisha, the Corporation’s Managing […]
Following the public outcry over the poor state of district roads, the government has allocated each district and municipality sh1billion for the maintenance of roads. The government has alocated Sh1 billion to each district and municipality for the upkeep of roads beyond the purview of the Uganda National Roads Authority in response to public outrage […]
Equity Bank Uganda on 12th April 2023 started a women-based product dubbed Equi-mama. The product is a transformative credit facility designed to unlock the entrepreneurial potential of women in rural Uganda. Equi-mama credit facility aims to provide women with access to affordable capital, equip women with business skills, offer them mentoring, expose them to business […]
Uganda’s economic growth is expected to be positive in 2023 to 2024, with projections indicating a steady recovery from the challenges posed by the COVID-19 pandemic. Uganda’s economic growth has been resilient in recent years, with the country experiencing an average annual growth rate of 6% between 2015 and 2019. However, the pandemic hit the […]
