Kampala, Uganda | THE INDEPENDENT | The Uganda Development Bank plans to spend 612 billion Shillings on the promotion of Small and Medium Enterprises in the country, amidst new and evolving challenges facing the economy. This amount will be more than double the figure spent over the year 2021. The increase …
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COMMENT | NOELA BYUMA | Small and Medium Enterprises (SMEs) play a critical role in economic development by creating employment and tax-generating avenues for the population and governments. They form both forward and backward linkages for manufacturing and services. Across the global south, the Small and Medium Enterprises hold most of …
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Mentorship, access to finance and markets are on offer | THE INDEPENDENT | There are more opportunities that are being availed to small and medium enterprises as Uganda expects to have first oil in 2025. The Petroleum Authority of Uganda on Feb. 22 entered a partnership agreement with Stanbic Business …
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Kampala, Uganda | THE INDEPENDENT | A total of 60 decision-makers from 46 Small and Medium-sized Enterprises have graduated from the pandemic-response online Business Continuity and Survival Training that was organized by the Employment and Skills for Development in Africa Programme (E4D) in September 2020. The E4D programme is commissioned by …
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Kampala, Uganda | THE INDEPENDENT | Stanbic Business Incubator Limited (SBIL) has awarded 700 Small and Medium Enterprises (SMEs) with certificates in enterprise development, this, after three months of training in financial literacy, business planning, contracts and bid management. The participating SMEs were drawn from a wide range of …
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Kampala, Uganda | THE INDEPENDENT | There is an opportunity for small and medium enterprises to further access credit more efficiently, thanks to a newly established technological gateway to the European-based investors. This follows the launch of the partnership between CapitalSavvy, a Ugandan investment management and advisory firm and Monetix, a …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution, has today announced exclusive offers aimed at addressing the growth of the key sectors of youth, women and SMEs. In addition to credit offerings to these segments, UDB will introduce a Business Accelerator …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Green Enterprise Finance Accelerator (UGEFA) will be hosting the second annual Green Finance Dialogue Forum at the Kampala Sheraton Hotel on Thursday. The forum will bring together 100 financiers, policy makers, enterprise support organizations and green businesses to explore pathways for expanding access …
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Local firms need to enhance their capital base and strengthen corporate governance to benefit from the nascent sector Kampala, Uganda | JULIUS BUSINGE | Small and medium-sized enterprises need to enhance their capital base, embrace partnerships and adhere to high corporate governance standards to reap from the upcoming oil and …
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Kampala, Uganda | THE INDEPENDENT | The Federation of Small and Medium Sized Enterprises – Uganda has asked the government to establish what it calls a ‘compensation fund’ to support businesses that get hit. Speaking to journalists on Nov.21 at the federation’s offices in Ntinda, Kampala, John Walugembe, the executive director, …
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