COMMENT | MOSES RUTAHIGWA | Small and Medium Enterprises (SMEs) are a vital part of Uganda’s economy, comprising 90% of the private sector, employing over 2.5 million people, and contributing 20% of the country’s GDP. They embody the grit and ingenuity that define Uganda’s entrepreneurial spirit. Yet, for long …
Read More »I&M Bank campaign puts SMEs in the fast lane with pickup truck financing
Kampala, Uganda | THE INDEPENDENT | I&M Bank’s Tukikube ne I&M Bank campaign is gaining traction among small and medium- sized enterprises (SMEs), less than two months after its launch, with entrepreneurs already tapping into the bank’s flexible asset financing solutions. On Tuesday, the bank handed over a brand-new Mitsubishi pickup truck …
Read More »The 2025 Equity Bank ‘Tupange Business ne Equity’ SMEs series launched in Kampala
Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has highlighted the importance of its mission to bring financial solutions and business support closer to Small and Medium Enterprises (SMEs) across the country by officially launching the 2025 Tupange Business ne Equity Nationwide Forum. The Tupange Business Ne Equity customer engagements, …
Read More »I&M Bank boosts SMEs with “Tukikube ne I&M Bank”
Kampala, Uganda | THE INDEPENDENT | I&M Bank Uganda is stepping up its commitment to Small and Medium-sized Enterprises (SMEs) with the launch of its “Tukikube ne I&M Bank” campaign. The initiative, unveiled at a breakfast meeting for SME customers at the Kampala Serena Hotel, aims to bridge the financial …
Read More »Glitz and music as Absa Business Club relaunched
Kampala, Uganda | THE INDEPENDENT | Lively social interactions and laughter, accompanied by cocktails and entertainment from the Sheraton’s Xavieliee Band capped a day that saw Absa Bank Uganda relaunch the Absa Business Club. “This club is more than banking. It’s a growth engine and a community designed to …
Read More »Absa Business Club relaunched with strategic partners to drive trade, innovation and SME resilience
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has officially relaunched its flagship Absa Business Club, an enhanced platform designed to accelerate the growth of small and medium-sized enterprises (SMEs) through holistic business support, strategic networking, and access to regional and international markets. At the heart of the relaunch …
Read More »NMG, KPMG and Equity Bank set for Top 100 Mid-Sized Companies Survey launch
Kampala, Uganda | THE INDEPENDENT | Equity Bank’s role in supporting Small and Medium Enterprises (SMEs) in Uganda will come into focus when the 2025 Top 100 Mid-Sized Companies Survey is officially launched together with partners KPMG and Nation Media Group (NMG) at Sheraton Hotel Kampala on Wednesday. As a leading champion for …
Read More »Why local capital is our strongest catalyst for Uganda’s SMEs to grow
OPINION | Ivan Mandela | Aisha Namuddu operates a whole grain store in Kasangati, where she buys and sells maize and coffee from various traders near and far. For the past two years, her business has been growing steadily since the coffee prices became favourable for farmers and traders. But recently, …
Read More »Housing Finance Bank hosts second business clinic for small businesses
Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank proudly hosted the second edition of its Business Clinic series for the year, building on the momentum of the inaugural session that focused on empowering women in business. This latest session broadened its scope to include micro and medium enterprises (SMEs), …
Read More »Uganda launches sh33 billion trade and investment project to support SMEs
Kampala, Uganda | THE INDEPENDENT | The Ministry of Trade, Industry, and Cooperatives, in collaboration with the International Trade Center and with support from the European Union (EU), has launched a new project that aims at empowering Uganda’s small and medium enterprises (SMEs). The four-year sh33billion project aims to …
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