economy

economy

Absa Uganda Posts Shs222Bn Profit

Absa Uganda Posts Shs222Bn Profit

Africa-Press - Uganda. Absa Uganda posted a net profit of Shs222 billion for the financial year 2025, the bank has announced. The performance indicates a...
Ibanda District Approves Shs41Bn Budget for Services

Ibanda District Approves Shs41Bn Budget for Services

Africa-Press - Uganda. Ibanda District Council has approved a Shs41.49 billion budget for the 2026/2027 financial year, signaling a notable increase in funding aimed...
Manufacturers Urge Parliament to Address Informal Business Tax Losses

Manufacturers Urge Parliament to Address Informal Business Tax Losses

Africa-Press - Uganda. The Uganda Manufacturers Association (UMA) has called on Parliament to take firm action against informal businesses, warning that their rapid expansion...
From Postbank to Pearl: Reimagining Banking in Uganda

From Postbank to Pearl: Reimagining Banking in Uganda

Africa-Press - Uganda. There is something quietly significant unfolding in Uganda’s banking sector, and it goes beyond the headline figures. Pearl Bank’s latest financial results...
Global Coffee Market Sees Record Surplus Amid Uganda Gains

Global Coffee Market Sees Record Surplus Amid Uganda Gains

Africa-Press - Uganda. The global coffee market is heading into a pivotal “transition year” in 2026, marked by expectations of record supply that could...
Gap between Strategy and Spending Threatens Growth

Gap between Strategy and Spending Threatens Growth

Africa-Press - Uganda. Uganda’s ambitious Tenfold Growth Strategy, which aims to expand the economy to $500 billion within the next 15 years, is facing...
Uganda Advances ETF and Commodities Exchange Plans

Uganda Advances ETF and Commodities Exchange Plans

Africa-Press - Uganda. Capital markets record near-double turnover in Q1 2026 as investor participation rises, setting the stage for new investment products including ETFs...
East Africa’S Trade Wall: Tear down Barriers or Share the Blame

East Africa’S Trade Wall: Tear down Barriers or Share the Blame

Africa-Press - Uganda. East Africa’s trade story is one of promise repeatedly slowed by its own policies. The numbers suggest momentum: intra-regional trade has...
Govt Seeks New IMF Deal, Concessional Funding at 2026 Spring Meetings

Govt Seeks New IMF Deal, Concessional Funding at 2026 Spring Meetings

Africa-Press - Uganda. Uganda has stepped up its engagement with global financial institutions as it seeks to secure fresh financing and reinforce macroeconomic stability,...
Uganda Hosts Chinese Investors in Many Fields

Uganda Hosts Chinese Investors in Many Fields

Africa-Press - Uganda. Uganda is hosting a high-level delegation of Chinese investors and industry representatives as part of the ongoing Uganda–China Coffee Investment and...