Some of the Angry Tobacco farmers who Stormed Post Bank Arua for the Money on Monday. Over 100 tobacco farmers on Monday stormed Post Bank in Arua, demanding full payment of money owed to them by the Continental Tobacco Company since 2018. In that year, 1,500 farmers from Arua, Terego,
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Uganda’s banking industry Non-Performing Loans (NPLs) reduced to Shs1.019 trillion in 2024, down from Shs1.18 trillion recorded in 2023, Business Focus exclusively reports. Although 10 banks have high NPLs (whose ratio is above 5%), the industry NPL ratio is 4.69%. This analysis is derived from the financial statements for the
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The Government of Uganda, through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), today announced a comprehensive series of initiatives aimed at ensuring the production of hygienic, safe meat. These measures reflect the government's commitment to safeguarding veterinary public health by modernizing abattoirs and slaughterhouses and establishing a robust
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Finance Minister, Matia Kasaija, signing off the Budget Month activities The National Budget for the financial year 2025/2026 is due to be read on June 12, 2025, according to the Ministry of Finance, Planning, and Economic Development. According to the proposals, the total resource envelope for the year is 71.9
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NCBA Head of Marketing, Edgar Tusiime and Head of Asset Financing, Adad Iraguha handover a cheque of ugx 100m to the Auto Show Kampala team as part of their platinum sponsorship deal NCBA Bank Uganda has been officially announced as the platinum sponsor of the 4th edition of Auto Show
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Coffee remains Uganda’s major reliable source of foreign exchange Uganda’s coffee exports in April 2025, amounted to 694,318 valued at US$214.38 million (about UShs 780.1 billion, the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) has revealed in its Monthly Coffee Report for April 2025. This comprised of 594,188 bags
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Pebuu to accelerate agent banking across West Africa as CEO John Paul Ssemyalo (Left) meets Kezia Owusu-Ansah of Templars Ghana in Accra to discuss legal pathways for expansion. Pebuu Africa, a leading provider of technology-enabled field management solutions, has officially expanded its operations into West Africa, marking its entry into
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NCBA top management at the event NCBA Bank Uganda hosted its annual NCBA Connect Evening, a Customer appreciation dinner gala to celebrate a year of strong financial performance, officially unveil its new Head Office at Twed Towers in Nakasero, and launch the refurbished Nakasero Branch. The event marked a major
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The Ugandan Ambassador in Guangzhou China, Ms. Judyth Nsababera, the Permanent Secretary Ministry of Education and Sport, Dr. Kedrace Turyagenda along with the Ugandan participants of the Huawei ICT Competition 2024-2025 Global Final in Shenzhen, China Students from Uganda have made the nation proud by participating and excelling in the
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Second from left to right; Peace Ayebazibwe, Executive Director of Housing Finance Bank, and Michael Mugabi, Managing Director of the Bank, receive one of the awards from Richard Byarugaba, Executive Director Finance, Bank of Uganda, during the Agricultural Credit Facility award ceremony. Housing Finance Bank received two prestigious national awards
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