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Reducing Poverty and Inequality in Africa
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Equity Bank’s TUPANGE Business Forum made its first regional stop in Mbale, inspiring over 500 entrepreneurs with practical insights on financing, collaboration, and digital tools for growth. The event highlighted the critical role of SMEs in Uganda’s economy and showcased how value chain partnerships and tailored financial support can turn small ventures into sustainable success stories.
Centenary Bank has been recognized at the 2025 Brand Africa Awards as the Most Admired Ugandan Bank and the Ugandan Bank Doing Good in the Community. The honors celebrate the bank’s commitment to customer-focused banking, social responsibility, and impactful initiatives in education, healthcare, and environmental sustainability across Uganda.
After a challenging year for Morocco’s olive industry, producers are now predicting a record-breaking harvest that could more than double last season’s output, offering much-needed relief to consumers grappling with high olive oil prices.
The South African rand stayed steady as traders awaited key economic data, including inflation and retail sales figures. Global markets also watched U.S. inflation reports, which could influence currency movements and investor sentiment.
President Museveni has directed the Agriculture Ministry to draft regulations to modernize Uganda’s tea sector, improve quality, and stabilize international prices. He urged tea growers and processors to provide input on crop classification and pledged financial support, signaling a major push toward a more structured and profitable industry.
Entebbe International Airport set a new record in July 2025, handling 230,577 passengers, the highest in its history. The surge is linked to increased tourism, international conferences, and enhanced airline connectivity, highlighting Uganda’s growing role as a regional travel hub.
