Women at Heritage Kanaani Farms sorting and drying coffee. Export earnings from coffee partly contributed to the BoP surplus/ Business Focus photo Uganda has largely been recording Balance of Payments (BoP) deficit for many years. However, in FY 2024/25, Uganda recorded an overall Balance of Payments (BoP) surplus of USD
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Analysis & OpinionsBanking
FIGURES: A Glance At The State Of Uganda’s Banking Sector As Industry Assets Hit UGX61.3 Trillion
A photo montage of Uganda’s bank CEOs in 2024 The banking industry remained safe and sound over the year to June 2025, reveals the recently released Bank of Uganda Integrated Annual Report 30 JUNE 2025. “Growth remained strong, supported by BOU’s accommodative policy stance and targeted measures aimed at reinforcing
Read MoreDr Emilly Comfort Maractho (C) is joined by other officials to launch the 2026 journalism awards The African Centre for Media Excellence (ACME) has launched the 2026 Uganda National Journalism Awards (UNJA). Dr Emilly Comfort Maractho, the ACME Board Chairperson said UNJA will happen in 2026. "UNJA must happen. We
Read MoreThe cancer screening equipment donated to Uganda Cancer Institute The Government of the Republic of South Korea, through the Korea Foundation for International Healthcare (KOFIH)–Uganda, has donated cervical cancer screening machines worth UGX 2.3 billion to the Uganda Cancer Institute. The donation, made under the CANCAP Project, is aimed at
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AgribusinessBanking
Equity Bank, Ministry of Agriculture Launch National Oil Palm Project As Bank Extends UGX1.2bn To 896 Farmers In Two Years
Fred Bwino Kyakulaga, the State Minister of Agriculture, Animal Industry and Fisheries presents a dummy cheque of UGX 1.2b with Equity Bank’s Director of Public Sector and Social Investment Catherine Psogmgen On Friday, 10th October 2025, several District Leaders, Councilors and various farmers gathered at Mayuge District Headquarters to witness
Read MoreIPOD Executive Director Sserwambala (left) with the Electoral Commission Lawyer Hamidu Lugolobi at the High Court in Kampala. The High Court in Kampala has set October 29, 2025, as the date for delivering its ruling in a case filed by the National Unity Platform (NUP) challenging its exclusion from statutory
Read MoreGrace Semakula (left), the Chief Executive of SBG Securities, having a light moment with Damoni Kitabire (right), the Board Chairperson of Stanbic Bank Uganda at the Stanbic Unit Trust Launch Small and Medium Enterprise (SME) owners have been urged to maintain a cash buffer to help navigate unforeseen emergencies. Grace
Read MoreThe Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), through the Department of Crop Protection (DCP), has intensified its response to banana rust thrips in South Western Uganda by deploying technical teams to work with Local Government and conduct targeted farmer trainings. Districts including Rwampara, Mbarara, Ibanda, Kamwenge, Mityana, Mpigi,
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AgribusinessNews
CNOOC’s Livelihood Restoration Program Yields First Rice Harvest, Marks New Milestone in Community Support
The harvest ceremony was attended by a wide range of stakeholders including farmers, government representatives, and company officials CNOOC Uganda Limited has successfully had its first harvest of the high-yielding WDR-73 rice variety under its Innovative Livelihood Restoration Program for Crop Production. The harvest, which commenced on October 7th 2025
Read MoreUganda, Kenya, and the East African Community (EAC) are exploring ways to finance the planned Multinational Expressway linking the two countries, following the completion of a feasibility study that began last year. A Market Sounding Conference, a joint initiative with the African Development Bank (AfDB), is set to take place
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