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Tag Archives: Uganda

Uganda’s financial institutions posts record Shs1.4 trillion profit

Stanbic Uganda Holdings Ltd, Centenary Bank, and Absa Bank Uganda accounted for 60% of the industry’s aggregate profit Kampala, Uganda | THE INDEPENDENT | Uganda’s supervised financial institutions including commercial banks, micro-deposit-taking institutions (MDIs), and credit institutions, recorded a combined profit of Shs1.4 trillion for the year ending June 2024, a …

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‘Census 2024 data is the richest ever for Uganda’

Kampala, Uganda | LOUIS JADWONG | “We have the most comprehensive census data ever collected in Uganda,” a statistician of the Gen Z Generation who works at UBOS, has assured The Independent. In his mid-20s, and likely one of the youngest at UBOS – the principal data collecting, processing, analysing and disseminating …

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Prudential Uganda and Standard Chartered Bank Partner to enhance financial inclusion

    Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank Uganda and Prudential Uganda have concluded a strategic partnership aimed at deepening access to financial services and providing long-term financial security solutions to customers. This collaboration marks a significant milestone in both organizations’ commitment to enhancing financial inclusion and delivering …

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Mining sector calls for more funding

Kampala, Uganda | IAN KATUSIIME | At the 13th mineral wealth conference organized by Uganda Chamber of Mines and Petroleum, there was an urgent call from everyone: we need more funding. A national mining company is in the works and so investors are positioning themselves to tap into the country’s …

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Coffee export compromise

How EU agreed to delay deforestation-free coffee export directive to December 2025 COVER STORY | RONALD MUSOKE | Sustained pressure from both within the European Union and coffee-producing countries such as Uganda has compelled the EU to extend the implementation of its Deforestation Regulation directive by 12 months. The ban is now …

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