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Uganda’s Boda-Boda Industry Charts Path to Formalization and Economic Sustainability at the National Leadership Retreat

Boda boda representatives that graced the national leadership retreat Uganda’s vibrant yet largely informal boda-boda industry has taken a bold step toward formalization and economic empowerment with the successful hosting of the First National Boda-Boda Union Leadership Retreat at Sacred Hearts Primary School Grounds in Gulu City. The landmark event

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Analysis & OpinionsBanking

Banks Swim In Shs1.6 Trillion Profit: Top 5 Control 74.46% Of Industry Profits As Uganda’s Most Profitable Banks Revealed

A Photo Montage of bank CEOs and Managing Directors Uganda’s commercial banks recorded a whopping Shs1.633 trillion net profit in 2024, up from Shs1.4 trillion posted in 2023, Business Focus exclusively reports. It’s important to note that Uganda currently has 22 fully fledged commercial banks. This is after three banks

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