Ugandans are increasingly using e-money for business and personal transactions; the Bank of Uganda has revealed. BoU’s Integrated Annual Report 30 June 2025 released recently shows that there was a significant 28.6 percent increase in electronic money transaction values from UGX 253.7 trillion in the twelve months ending June 2024
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The Jospong Group workers at work By Kahumuzah Blessing Agnetta In Africa's vibrant business landscape, the Jospong Group is a behemoth of innovation and power. While its diversified business investments span ICT, banking, and manufacturing, it is in the area of waste management that the Group is hatching a quiet
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Speaker of Parliament Anita Among In a political landscape long dominated by President Yoweri Museveni, a new figure is commanding unprecedented national attention-Speaker of Parliament Anita Annet Among. On a whirlwind tour across Uganda, Among is not merely making promises; she’s delivering results, winning over teachers, civil servants, and voters
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An overview of Hoima City Stadium Hoima City’s skyline is about to be redefined. The grand UGX 450 billion (USD 130 million) Hoima City Stadium—Uganda’s newest sporting jewel—is now 95% complete and on track for full completion before the end of the year. The world-class facility will play a starring
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By Rhonah Nuwakunda In recent years, Uganda’s creative industry has grown into a vibrant force of storytelling, entertainment and cultural expression. From film sets to the rising stars in music and comedy, our country’s talent continues to inspire audiences both at home and abroad. Yet behind every screen that lights
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Agriculture is one of the sectors attracting high interest rates The weighted average shilling lending rate rose to 18.2 percent in the FY 2024/2025 from 17.9 percent in the previous financial year. This is in line with the relatively tight financial conditions and rise in risk-free rates. This revelation is
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2026 Presidential Candidates/Courtesy photo The politics of poverty reduction, or what President Museveni has generally described as wealth creation, has emerged as an election issue, as reflected by the election manifestos of most of the Presidential candidates. The politics of poverty reduction are characterised by contestation and ambiguity. If the
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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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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
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By Alli Faiza Across Africa, young women and men are tilling soil with one hand and carrying other responsibilities on the other hand. In local markets, some are turning baskets of produce into budding agribusinesses that feed families and spark local economies. These young farmers rooted in their fields and
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