Christopher Legilisho, Economist at Stanbic Bank Ugandan companies registered a further expansion in business activity midway through the third quarter, extending the current sequence of growth to seven months as the headline Stanbic Bank Purchasing Managers' Index (PMI) remained above the positive threshold mark of 50.0. At 53.3 during August,
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Muwanga Kivumbi presented the PAC report during the plenary sitting chaired by Speaker Anita Among on Tuesday, 09 September 2025. The Committee on Public Accounts (Central Government) has drawn the attention of legislators to exaggerated costs of government-funded infrastructure projects. In its report on the Auditor General’s findings for the
Read MoreBy Annette Kiconco, Chief Retail Banking Officer, dfcu Bank In November 2023, Tech Cabal, a leading ICT online news website, published a story with the headline: “USSD remains Africa’s most popular payment channel despite growing alternatives.” The article’s opening line read: “Despite the growth of many payment channels such as
Read MoreFaras Uganda: A Digital Catalyst For Youth Employment & Entrepreneurship Across The Country
Karim Katende, Marketing Manager at Faras Uganda In a nation grappling with persistent youth unemployment, the emergence of digitally-driven economic models offer a beacon of hope. Faras Uganda, a prominent ride-hailing firm with head offices at Bakuli – Mengo, Kampala, is rapidly distinguishing itself as a significant force in this
Read MoreBy Adja Boudy Kante My name is Adja Boudy Kanté. I am 32 years old, a mother, and a proud young entrepreneur from Senegal. I grew up in Guediawaye, just outside Dakar, and I have dedicated my life to creating nutritious, healthy products from local cereals, products that heal, empower,
Read MoreWith every shilling carrying more weight for households, Ugandan shoppers are becoming more selective, seeking value, convenience, and rewarding experiences. This shift is forcing retailers to rethink their strategies and respond not only with competitive prices but with loyalty programs, personalized offers, and innovations that enhance the shopping experience. Competition
Read MoreBy George Mubiru, Manager, Safal Uganda Baati Foundation The reality is that Uganda’s healthcare system, while making significant strides, remains overstretched, especially outside urban centers. Public health facilities often lack essential medicines, diagnostic equipment, and adequate staffing to cope with the rising demand for disease case management and preventive care.
Read MoreGov’t Urged To Register Gold Miners to Restore Trust in Uganda’s Gold Exports
Panellists at the 9th High-level Economic Growth Forum held at Kampala Serena Hotel last week The Government of Uganda has been advised to register all artisanal miners and implement a traceability programme that will enable gold buyers trace the origin of all gold exported by Uganda in order to restore
Read MoreReimagining SME Support: Why Business Clinics Are Changing the Face of Enterprise Banking in Uganda
Attendees at the recently concluded business Clinics by Bank of Africa as part of their goal to empower all Ugandans with financial knowledge. In Uganda’s economic engine room, the SME sector, growth often depends not just on capital but on access to knowledge, tailored financial tools, and trusted partnerships. As
Read MoreMarabous storks and other scavenging birds hunting for fish around cage fish farms of Lake Victoria. Credit: Wambi Michael A dark storm clouds the future of aquaculture following growing scientific evidence that cage fish farming is negatively impacting native fish stocks in Lake Victoria. Cage culture is an open system
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