Rukungiri, Uganda | THE INDEPENDENT | The Uganda Investment Authority and the Bank of Uganda have started on a campaign to popularize the small and medium enterprise credit funds that were meant to help lower-income entrepreneurs out of the effects Covid-19 pandemic. There have been consistent reports that the Small Business …
Read More »US, Stanbic in partnership to prepare MSMEs for international investments
Kampala, Uganda | THE INDEPENDENT | The US Government through the United States Africa Development Foundation, has in partnership with Uganda Investment Authority and Stanbic Bank, launched a 5-year program aimed at helping small and medium enterprises to be ready for large-scale investments. The program worth two million dollars (or about …
Read More »23rd EAC trade fair opens new market horizons for artisans
DAR ES SALAAM, TANZANIA | Xinhua | The opening ceremony of the 23rd edition of the East African Community (EAC) Micro, Small and Medium Enterprises (MSMEs) trade Fair was held on Friday in the Burundian capital Bujumbura, said a statement. The statement by the EAC headquarters in Tanzania’s northern city …
Read More »TechnoServe seeks to boost MSMEs
The local business face numerous challenges including low literacy, market access, political dynamics, and climate change affecting particularly women and young entrepreneurs Kampala, Uganda | PATRICIA AKANKWATSA | In a significant stride towards unlocking the vast potential of Micro, Small, and Medium-sized Enterprises (MSMEs) and catalyzing Uganda’s economic development, TechnoServe has …
Read More »Private sector players to spearhead implementation of trade treaties
Kampala, Uganda | THE INDEPENDENT | Government has mapped out a policy for different private sector players, to be responsible for the implementation of the different trade agreements the government signs, as individuals or under their associations. This revelation was made by Francis Mwebesa, the Minister for Trade, Industry and Cooperatives, …
Read More »Oxfam to unveil Shs77bn Impact Fund
The fund will target businesses providing decent jobs, women empowerment and innovations Kampala, Uganda | JULIUS BUSINGE | UK-based global organisation, Oxfam, plans to unveil a 20million Euros (Shs77bn) Impact Fund to support small businesses in line with their goals. The fund, to be unveiled as a pilot project before …
Read More »EPRC calls for redemption of micro, small and medium enterprises after Covid-19 blow
Kampala, Uganda | THE INDEPENDENT | Researchers at the Economic Policy Researcher Center (EPRC) have asked the government to redeem businesses that were completely shutdown due to pressures caused by COVID-19-related restrictions. This followed a survey showing over 400,000 employees of Micro, Small and Medium-Scale Enterprises (MSMEs) lost their jobs over …
Read More »Petroleum Authority, Stanbic Incubator sign SME contract
Kampala, Uganda | THE INDEPENDENT | Petroleum Authority of Uganda (PAU) has entered a partnership with Stanbic Business Incubator Limited (SBIL) and other partners to build the capacity of over 200 Ugandan enterprises along the export crude oil pipeline route to compete for contracts to supply Uganda’s oil and gas sector. The …
Read More »Gulu city lobbying to host East Africa Community trade fair
Gulu, Uganda | THE INDEPENDENT | Gulu City Council officials have begun lobbying to host the 22nd edition of the East African Community Micro, Small and Medium Enterprises (MSMEs) trade fair. The 21st edition of the EAC trade fair was held in September last year at the Rock City Grounds in Mwanza, …
Read More »Over 200 graduates emerge from the Ecobank Group and AUDA-NEPAD MSME Training For Financing program
Kampala, Uganda | THE INDEPENDENT | The leading pan-African banking group, Ecobank Group, and the African Union Development Agency New Partnership for Africa’s Development (AUDA-NEPAD), held a virtual graduation ceremony for more than 200 alumni of the inaugural Ecobank’s MSME Training for Financing Program. The graduates came from the eight …
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