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Minister Kasaija Lauds NLGRB Board and Management on Transforming Gaming Sector; Challenges New Board to Sustain Growth

BusinessFocus Reporter July 29, 2025July 29, 20250

Hon. Matia Kasaija (2nd right), Minister of Finance, Planning and Economic Development, congratulates Mr. Kenneth Kitariko (right) upon his inauguration as Chairperson of the NLGRB. Looking on are outgoing Board Chairperson, Mr. Aloysius Mugasa Adyeri (2nd left), and CEO, Mr. Denis Mudene Ngabirano (left). Key Highlights Sixfold Revenue Growth: Annual

Pride Bank Wins Agri-Finance Award After Extending Loans Worth Shs62bn To Agribusinesses

BusinessFocus Reporter July 29, 2025July 29, 20250

Pride Bank officials receiving the agri-finance award Pride Bank Limited has been awarded the Agri-Finance Award (Credit Finance) at the prestigious Annual Agricultural Awards. In an evening themed: Celebrating Excellence and Innovation in Agriculture, the award recognizes the bank’s exceptional contribution to agricultural financing and its pivotal role in transforming

Analysis & Opinions Oil & Gas

Mid-Year Dashboard: Uganda’s Oil Projects Advance To Point Of No Return

BusinessFocus Reporter July 29, 20251

By Ali Ssekatawa It’s a busy morning at Kyotera Main Camp and Pipe Yard (MCPY 4) as heavily loaded trucks arrive, offloading insulated line pipes from the Nzega Coating and Insulation Plant in Tanzania. At the camp entrance, flagmen diligently clear each truck before it proceeds into the yard. Overhead,

Agribusiness International News

NARO Seals Deal With Chinese Academy to Boost Premium Tea Production

BusinessFocus Reporter July 28, 20250

NARO Director General, Dr. Yona Baguma and the Director JAAS, Dr. Yang Yiyang, exchange copies of the MoU after the signing in Entebbe on Monday. The National Agricultural Research Organisation (NARO) and the Jiangsu Academy of Agricultural Sciences (JAAS) of the People’s Republic of China have today signed a landmark

International News

New Global Report on Child Malnutrition Show Increasing Stunting Rates in Africa

BusinessFocus Reporter July 28, 20250

A new global report has revealed that child malnutrition remains a persistent threat to millions of children under five, with progress slowing or reversing in many regions. The Joint Malnutrition Estimates 2025 Edition, released by UNICEF, the World Health Organization (WHO), and the World Bank Group, presents data spanning from

Banking News

dfcu Bank Appoints Marsha Nyonyozi Walusimbi As Chief Of People And Culture Transformation

BusinessFocus Reporter July 28, 2025July 28, 20250

Marsha Nyonyonzi Walusimbi, dfcu bank’s new Chief of People and Culture Transformation

Marsha Nyonyozi Walusimbi, dfcu bank’s new Chief of People and Culture Transformation In a move that signals its continued commitment to people-centered growth, dfcu Bank has announced the appointment of Marsha Nyonyozi Walusimbi as its new Chief of People and Culture Transformation. Marsha joins the bank with nearly 20 years

Banking Interviews

INNOVATION SPOTLIGHT: dfcu Bank’s Mobi Loan Delivers Instant Cash For Everyday Needs

Taddewo William Senyonyi July 28, 2025July 29, 20250

Jonathan Joseph Ngondwe, Products Officer – Assets at dfcu Bank As Uganda’s banking sector deepens its push for digitization and financial inclusion, dfcu Bank has introduced a game-changing lending solution for individual customers: the dfcu Mobi Loan. Designed as a fast, paperless, and collateral-free credit product, the dfcu Mobi Loan

News

UCAA Tips Key Stakeholders On ‘Search and Rescue’ Services In Case Of Air/Water Incident

BusinessFocus Reporter July 28, 2025July 28, 20250

Some of the stakeholders that attended the training Uganda Civil Aviation Authority in conjunction with Ministry of Works and Transport -Maritime department and Uganda Red Cross Society held sensitisation workshops on Search and Rescue from July 21 to 25, 2025 in Kanungu, Rukungiri and Kasese districts respectively. Coordinating and directing

News

Uganda Clays Embarks On Strategic Overhaul As Net Losses Widen

BusinessFocus Reporter July 28, 20250

Kasekende (middle), Tumwebaze (right) during the UCL Annual General Meeting. Uganda Clays Limited (UCL) has posted a net loss of UGX 4.95 billion for 2024, deepening from UGX 2.85 billion in 2023. Despite this downturn, the company is placing a calculated bet on a 10-year strategic overhaul to stabilize its

Agribusiness

Fort Portal Catholic Diocese Bets On Coffee To Empower Christians

BusinessFocus Reporter July 28, 20253

Officials signing of the Fort Portal diocese coffee policy The Fort Portal Catholic Diocese has launched a five-year diocesan coffee policy (2025–2030) aimed at promoting sustainable coffee farming, food security, and economic self-reliance among Christian families. The launch event was held on Wednesday at the Diocesan Model Farm in Nkuruba,