The transaction, announced on Monday, follows regulatory approvals and makes NCBA a subsidiary of Nedbank, while the remaining 34% shareholding stays with the public. NCBA will retain its listing on the Nairobi Securities Exchange.
The bank highlighted this commitment during a Kyusa Level SME Customer Dine-Out at its Namanve Branch, which brought together business owners from Namanve and Mukono to discuss challenges and opportunities for enterprise growth.
The FDC proposes that the government licenses charcoal burning from private woodlots, encourages fast-growing tree species like eucalyptus and acacia for charcoal, and regulates rather than ban.
If approved by shareholders, the dividend will be paid to those appearing on the register of members at the close of business on November 30, 2026.
The national carrier will operate the service between Entebbe International Airport and Kotoka International Airport in Accra via Lagos, Nigeria.
For the returnees, managing their limited resources is only part of the challenge. They also cite taxes and fees imposed by Kampala Capital City Authority, the Uganda Revenue Authority and local governments as obstacles to establishing and running small businesses.
At the EACOP project alone, it has created about 12,000 jobs, significantly surpassing the initial target of 7,500.
Insurance protection is also relevant to Ugandans travelling abroad for education, business and other purposes, where medical emergencies and accidents can create unexpected costs.
Beijing announced on Monday it was imposing stricter export controls next month on specific engines designed for drones, drone technology, as well as some drone models with capabilities such as continuous flight for three hours.
The ICT players proposed that Government enforces a reduction of the mobile money withdrawal excise to 0.25 % with a per-transaction cap to drive up digital uptake and revenue collection.
“It is really for the population we are trying to serve. Uganda has a great vision and the programs are great. It’s not about capacity, but it's bureaucracy that is causing the delays,” Diop said.
According to the latest trade and investment factsheet from the British trade, business, innovation, science and trade department, the total trade in goods and services (exports plus imports) between the UK and Uganda was £467m (about sh2.5 trillion) in the four quarters to the end of Q1 2026, an increase of 0.2% or £1m in current prices from the four quarters to the end of the first quarter.
“I asked for sh100,000, got sh75,000, but was asked to pay back sh120,000. This is daylight robbery targeting desperate people,” he said. Although sh25,000 was deducted from the requested amount, he was required to repay sh120,000 within eight days — effectively paying a sh45,000 financing cost on the sh75,000 received, or 60%. He cites Quick Sente, Mangu Cash, Zenka and Mara Loan, which he said offer similar services.
“We want our people from Italy to take coffee made in Uganda. Not grown in Uganda,” Nabbanja told Ugandan officials and Italian business leaders. She said roasting and packing coffee would create jobs for Uganda’s young population.
Uganda’s digital financial services journey has reached an important inflection point. Mobile money has evolved from a convenient way to send and receive money into an essential part of how millions of Ugandans pay, save, borrow and run their businesses.
We cannot control world oil prices. Those wars in the Middle East push it up, and we just pay. What we can control is how much fuel we waste, writes Kiryowa Kiwanuka
Nigeria is among the markets Uganda has identified for expanding exports under the African Continental Free Trade Area framework. In 2024, Uganda signed a commitment document with Nigeria, paving the way for exports of products including coffee, tea, milk, fish and pharmaceuticals.
Hassan Bulwadda, who is associated with the redevelopment proposal, said financing for the project has been secured and all preparations are in place for implementation. “The funding for the project has been secured. We have everything in place to undertake this project as soon as we get clearance,” Bulwadda said.
After losing over $1.5m (about sh5.7b) to gold scammers who had been introduced to him by Peter Musoke, a senior lawyer and former partner at Shonubi, Musoke & Company Advocates, a German national, Christian Arndt, was allegedly threatened with death and ordered never to come back to Uganda. When he left the country, he was also subjected to a series of arrests by his partners back in Dubai. On September 18, 2026, Arndt landed at Entebbe International Airport, having almost spent two years out of the country.
“We are going to build a small refinery in Uganda. We had planned this long ago. We cannot change that. The refinery will produce for Uganda and for the interior parts of Africa,” Museveni said. He added, “I am very happy about this refinery. In Uganda, we have got some petroleum. I discussed this with Dangote, His Excellency Ruto and Samia.”