News, Stories, Events, & Trends that shape the Eastern African region
Many households in Uganda are finding new ways to manage limited income in the face of rising costs. Whether it is a teacher, a boda boda rider, a market vendor, a bank teller, a cleaner, or a student, the daily routine involves careful decision making on how to stretch small amounts of money to meet
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A new report by the Access to Medicine Foundation has shed light on the urgent need to improve access to care for children and young people (CYP) with type 1 diabetes (T1D) in East Africa. The report, which analyzes 11 initiatives supported by major pharmaceutical companies, reveals the stark inequities in access to diagnosis, treatment,
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Housing Finance Bank is proud to announce the launch of the HFB Business Clinics — a transformative platform dedicated to fostering sustainable business growth for Ugandan women as well as small and medium businesses. The business clinics are designed to provide expert advisory services, tailored financial solutions, and practical insights to support enterprises at every
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As agriculture and food security take center stage in Uganda’s national discourse, the Housing Finance Bank (HFB) is pleased to announce the signing of a transformative Memorandum of Understanding (MoU) with the Government of Uganda. This partnership will enable HFB to finance large-scale commercial farming initiatives aligned with government programs that are crucial to the
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In recent years, the Internet has become an integral part of life for many Ugandans, especially those in urban areas. While access remains limited in some rural regions, the internet has sparked significant improvements in education, business, healthcare, and communication. The demand for fast, reliable, and affordable internet has surged, particularly in cities like Kampala,
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As one of the fastest-growing tech companies in Uganda, BCC has expanded its scope into the mechanical & electrical, and automation sectors, cementing its reputation as a leader in systems integration. Robert Muramuzi, Head of the Mechanical & Electrical department, stated that, in addition to its competitive connectivity services, the company has enhanced its offerings
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In rural Uganda, financial independence remains a distant dream for many women. They face significant barriers such as limited access to financial services, low financial literacy, and societal structures that often prioritize men’s economic activities. Yet, when women are empowered with the right tools and resources, their potential to contribute to economic growth becomes limitless.
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Kampala, Uganda – 14th November 2024. Behind every award lies a story of perseverance, passion, and triumph. Today, Housing Finance Bank celebrates winning two prestigious awards at the Global Brand Awards 2024: Most Sustainable Financial Service Provider 2024 and Best Banking CEO in Uganda 2024. The Global Brand Awards, now in their 12th edition, were
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The battle for customer loyalty in Uganda has taken a significant and unexpected turn. Traditionally, loyalty programs have been a crucial tool for retailers worldwide, fostering customer retention and driving sales. However, a surprising shift is unfolding in Uganda. Major retail chains such as Capital Shoppers and Quality Supermarket have suspended their loyalty programs, with
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As the global FINCA network celebrates 40 years of tackling poverty through financial inclusion, FINCA Uganda has intensified its efforts to improve the lives of small entrepreneurs and cooperatives by offering a variety of support services that keep them on track towards self-reliance. FINCA Uganda’s microfinance services are complemented by financial education, technical assistance and
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