Ugandan women are increasingly taking centre stage in entrepreneurship, building businesses from scratch, creating jobs and contributing to household incomes. But as more women enter business, a bigger question is emerging: can they turn entrepreneurship into lasting wealth when cultural…
For years, Uganda’s banking sector has carried a familiar contradiction: strong profits, expanding balance sheets, rapid digital adoption, and rising deposits, alongside a quieter and more persistent limitation in its economic footprint. Banks have scaled. Financial systems have deepened. Transactions…
When Uganda’s digital creators, regulators, financiers, and ecosystem leaders gathered on December 11, 2025, at Speke Resort Munyonyo, the intention was not spectacle. It was substance. The Ongea Africa Digital Creators Summit did not set out to merely announce policy;…
The recent groundbreaking ceremony for The Bridge Kololo, the second high-end project by VAAL Real Estate Uganda, is not merely a construction milestone; it represents a powerful force accelerating Uganda’s socio-economic transformation through foreign direct investment and job creation in…
In Uganda, where youth unemployment remains a significant challenge and access to education is often precarious, the growing gig economy is proving to be a powerful vehicle for socio-economic transformation. Companies like Glovo Uganda, under the leadership of Ivy Maingi…
Uganda’s economy, and indeed its social fabric, is powered by a dynamic and resilient force: Small and Medium-sized Enterprises (SMEs). Making up a remarkable 90% of the country’s private sector, these businesses are the true engine of growth, creating livelihoods…
For too long, a common perception has held back millions of Ugandans from securing their financial futures: that investing is a privilege reserved for the wealthy or a complex world only for experts. This belief, however, is a myth that…
Unilever and Equity Bank have unveiled a Distributor Financing Solution worth KES.2.4 billion that is set to redefine supply chain efficiency and accelerate economic growth in East Africa. This initiative is designed to inject vital working capital into Unilever’s extensive…
Jumia, Africa’s most ambitious e-commerce experiment, is at a crossroads because of the unstable African E-Commerce landscape. According to Farouk Mark Mukiibi, a Retail Brands Strategist and Marketer, following a major investor exit, where Baillie Gifford offloaded a USD18 million…
Castle Placement LLC, a premier private capital investment bank, has been mandated to raise US$5 billion (about Shs18.2 trillion) for 1Stock Limited, an investment management company registered in Uganda. The funding will be used to support large-scale infrastructure developments across…
Safaricom’s M-PESA has launched a new set of business solutions designed to empower Kenya’s Micro, Small, and Medium-sized Enterprises (MSMEs). This move is a significant boost to the country’s economy, as MSMEs contribute 40% to Kenya’s GDP and account for…
Kampala’s skyline is undergoing a significant transformation, driven by the vision and expertise of real estate developers like Ashaba Ainea. As the Executive Director of SMS Construction Limited Uganda, Ashaba is behind some of the city’s most iconic projects, including…
Being an entrepreneur in Uganda or anywhere else in the world is both rewarding and challenging. While there’s no secret to success, certain characteristics can increase your chances of building a long-lasting and lucrative business. According to experts at Stanbic…
Uganda’s creator economy is rising as a powerful engine for youth empowerment, job creation, and digital innovation. In a country where over 75% of the population is under the age of 30, digital content creation is not just a trend,…
In business, few individuals have impacted the Ugandan economy like city businessman Elvis Sekyanzi Wavamunno, son of tycoon Gordon Wavamunno, the proprietor of Spear Motors and several other business ventures. With a career spanning several decades, Wavamunno has established himself…