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Personal loans dominate as Ugandan private sector credit hits UGX24.35 trillion – UG Standard

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KAMPALA, Uganda — Personal and household credit has emerged as the primary driver of lending in Uganda, as the total stock of outstanding private...

Andrew Makumbi named acting boss at Old Mutual Insurance Uganda

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KAMPALA, Uganda — Old Mutual Insurance Uganda, the country’s largest general insurer, has announced a change at the top of its leadership as the...

Uganda targets $10 billion in coffee revenue with new industrial park

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KAMPALA, Uganda — President Yoweri Museveni has approved a 572 billion shilling investment to establish a coffee park in the Luwero district, part of...

How to pay URA taxes using MTN MoMo shortcode

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KAMPALA, Uganda – Taxpayers can now use an updated MTN MoMo shortcode to settle government obligations following an expansion of digital services by MTN...

Gold, coffee exports hit record highs amid global donor funding cuts

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KAMPALA, Uganda — Uganda has recorded an unprecedented $6.5 billion in coffee and gold export earnings over the last year, providing a critical economic...
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