News, Stories, Events, & Trends that shape the Eastern African region
The Office of the Prime Minister in Uganda has issued a nationwide weather advisory warning of heavy rainfall and an elevated risk of flash floods and landslides in several parts of the country. According to the advisory, the alert is in effect from February 19 to February 28, 2026, and primarily affects Western Uganda, Central
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Peacekeepers from the Uganda Peoples’ Defence Forces (UPDF) serving under United Nations Guard Unit XI (UNGU XI) have been awarded United Nations medals in recognition of their distinguished service in Somalia. The medal ceremony, held at the UNGU premises in Mogadishu, brought together senior representatives from the United Nations, the African Union mission and the
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Uganda and Tanzania have agreed to strengthen collaboration in key areas including energy development, trade facilitation, infrastructure and regional peace, following high-level talks between the two neighbours in Dar es Salaam. The commitments were announced during a joint press briefing by Uganda’s President Yoweri Kaguta Museveni and Tanzanian President Samia Suluhu Hassan after bilateral discussions
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In Northern Uganda, entrepreneurship is often a story of resilience and determination, rising above limited capital, fluctuating markets, and long distances from financial institutions. For many business owners, progress depends not only on hard work but also on finding a lender willing to walk the journey with them. Recent Customer Open Forum sessions across FINCA
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Carrefour, which Majid Al Futtaim owns the exclusive rights to operate in Uganda, has officially launched its Black November 2025 campaign – a month-long shopping event offering up to 50% in all Carrefour supermarkets nationwide until 30th November 2025. Shoppers can enjoy unbeatable deals on a wide range of products, including electronics, home appliances, groceries,
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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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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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Housing Finance Bank has announced a profit after tax of Ushs 65.1 billion for the financial year ended December 31, 2023. The Bank attributed the 11.3% year-on-year growth in net profits to digital transformation and revenue diversification efforts. In the period under review, Housing Finance Bank also demonstrated significant growth in other key parameters, with
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Uganda’s digital payments landscape is undergoing a transformative shift, accelerated by the COVID-19 pandemic and evolving consumer preferences prioritizing convenience, speed, and security. While mobile money has seen widespread adoption, card payments have faced challenges, including merchant surcharges at point-of-sale terminals and limited awareness regarding the advantages of card transactions. The introduction of the “Sasuza
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