Tag Bank of Uganda

Why Uganda Railways Corporation’s Internal Meltdown Makes the Standard Gauge Railway a Fleeting Illusion

The Uganda Railways Corporation (URC), under the leadership of Benon M. Kajuna as Managing Director, has a bold vision: to become the “Preferred Freight and Passenger Transporter in Eastern Africa by 2040.” However, a new report by the Auditor General,…

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Uganda’s Gateway to Regional Trade: AfDB’s Investment in Arua Airport Set to Unlock a New Era of Economic Growth

The African Development Bank (AfDB) is in advanced talks with Uganda’s Ministry of Works and Transport to fund a transformative project aimed at upgrading regional aerodromes, with a primary focus on converting Arua Airfield into a full-fledged international airport.  The…

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Uganda’s Mounting Debt: A New USD400 Million Loan and Deepening Crisis of Public Trust Due to Corruption

The government of Uganda has announced plans to secure a new USD 400 million (over Shs1.4 trillion) loan from a consortium of lenders, including the African Development Bank (AfDB), the International Fund for Agricultural Development(IFAD), the Islamic Development Bank and UniCredit…

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Building the USD500 Billion Vision: How Uganda’s Economic Fundamentals Fuel the Tenfold Growth Strategy

The Ministry of Finance, Planning and Economic Development has released a comprehensive economic outlook that provides a clear and compelling narrative for Uganda’s future. The data points to a steady and robust upward trajectory, affirming that the nation’s ambitious goal…

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How Stanbic Bank is Shaping the Future of Uganda’s Prosperity by Investing in Youth Through WYF Agenda 

At the Makerere University Investor Roundtable Summit held on Tuesday, September 2, 2025, a powerful message emerged: Uganda’s future prosperity hinges on its ability to invest in its youthful population strategically. Stanbic Bank Uganda, represented by its Executive Director and…

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Uganda’s ‘Open Park’ Initiative to Drive Domestic Tourism and Sustainable Transformation

Uganda officially kicked off its World Tourism Day 2025 celebrations today with a bold and strategic move designed to redefine its tourism sector. Under the theme “Tourism and Sustainable Transformation,” the Uganda Wildlife Authority (UWA) has announced a groundbreaking 3-day…

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New Chapter for Uganda’s Economy as Gov’t Unveils Bold Shs83Bn Plan to Bridge Digital Literacy Divide

As Uganda prepares to mark International Literacy Day on September 8, 2025, the nation stands at a critical juncture. While celebrating significant progress, the Ministry of Gender, Labour and Social Development, Hon. Peace Regis Mutuuzo, has issued a powerful call…

Read MoreNew Chapter for Uganda’s Economy as Gov’t Unveils Bold Shs83Bn Plan to Bridge Digital Literacy Divide