KAMPALA, UGANDA | THE INDEPENDENT | Housing Finance Bank has today (April 17) unveiled a powerful new initiative aimed at fueling the growth of Uganda’s small and medium enterprises (SMEs) and women-led businesses. The newly launched HFB Business Clinics are designed as a transformative platform to deliver tailored financial solutions, expert …
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Kampala, Uganda | THE INDEPENDENT | A new partnership between SHONA Capital and Cornerstone Asset Managers is injecting $500,000 (USh1.84bn) into Uganda’s small and medium-sized enterprises, a move that underscores growing momentum to domesticate financing for the country’s backbone businesses. The investment, sourced from high-net-worth individuals through Cornerstone’s Private Wealth Management …
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KAMPALA, UGANDA | THE INDEPENDENT | SHONA Capital, a Ugandan small and medium support investment firm, has secured 1.84 Billion Shillings to support SMEs with high potential to grow and flourish. The money was mobilised under a partnership with Cornerstone Asset Managers, from high-net-worth individuals with the idea to support …
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OPINION | Ivy Maingi | Small and Medium Enterprises (SMEs) are the heartbeat of Uganda’s economy, playing a crucial role in job creation, local innovation, and overall economic growth. Yet, in today’s fast-paced digital landscape, many SMEs face challenges in adapting to the tools and platforms necessary to remain competitive. At …
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SMEs Encouraged To Embrace Equity Bank Technology For Growth, Sustainability and Ease Of Market Access Kampala, Uganda | THE INDPENDENT | Up to 96% of all customer transactions at Equity Bank Uganda are already through digital channels. About 50% of all Equity Bank Uganda customers are tele-connected and can access their …
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The government has raised the budget allocation for the extractive sector by 92% to Shs961 billion for this financial year Kampala, Uganda | THE INDEPENDENT | Small and Medium Enterprises (SMEs) have been encouraged to bolster their operational capabilities to fully leverage opportunities within the oil and gas sector. This call …
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ARUA, UGANDA | THE INDEPENDENT | The Ministry of Trade Industry and Cooperatives has announced a tax waiver for Small and Medium Enterprises (SMEs) from Northern Uganda who will participate in the forthcoming East African Trade expo. The expo, now in its 26th edition will be hosted in Juba, South Sudan …
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Kampala, Uganda | THE INDEPENDENT | On May 2, tech giant, Huawei Technologies held a Cloud Enterprise Innovation and SME Summit 2024 in Kampala where over 100 industry startups, fintechs, venture capitals, government organizations, and key strategic partners unanimously agreed that SME development is only possible when technology is embraced. Charles …
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NAIROBI | Xinhua | Kenya and Tanzania on Friday launched a project in partnership with the African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) to boost financial inclusion in the two countries. Simon Chelugui, cabinet secretary in the Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development …
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At least 50% of the financing shall support women-run or women-owned businesses Kampala, Uganda | THE INDEPENDENT | Uganda’s Centenary Rural Development Bank and Housing Finance Bank have secured a combined Shs 640bn credit from the European Investment Bank for onward lending to private sector enterprises, with a focus on female …
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The Independent Uganda: You get the Truth we Pay the Price
