Tag Archives: SMEs

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 …

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 …

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 …

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 …

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 …

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 …

The company  has issued a 3-year contract to a joint venture comprising Zoramu Consulting Group  and Invest in Africa to establish the IEC Kampala, Uganda | THE INDEPENDENT | TotalEnergies EP Uganda has launched the Industry Enhancement Center (IEC), a sector-led initiative aimed at enhancing the capacity of Ugandan Small and …

Uganda’s private sector constitute of about 90% SMEs generates over 75% of the GDP Kampala, Uganda | JULIUS BUSINGE | Uganda Development Bank, the country’s national Development Finance Institution, has signed a Loan Portfolio Guarantee agreement with the African Guarantee Fund (AGF), to scale up lending to SMEs, Women, Youth-affiliated businesses, …

Kampala, Uganda | THE INDEPENDENT | A total of 130 small and medium enterprise owners have been recently placed in a better position to win contracts along the proposed East African Crude Oil Pipeline (EACOP) after the completion of a capacity-building training program delivered by the Stanbic Business Incubator Limited (SBIL). …

Kampala, Uganda | THE INDEPENDENT |  Experts in the renewable energy sub-sector have called for free progress towards a clean energy society instead of forcing the transition. They advise that the energy sector specifically renewable energy is organic and that Uganda, as a renewable energy market will keep growing as …