Ugandan businesses maintained a broadly optimistic outlook through 2025, supported by steady order flows and firm expectations for the near term, even as credit conditions tightened and confidence eased toward the end of the year. The overall business confidence index averaged 58.3, remaining comfortably above the 50-point optimism threshold. Sentiment climbed to 59.5 in May, then slipped through the final quarter, reaching 56.2 in November before edging up to 57.2 in December. Future expectations outpace present conditions Businesses reported modestly positive operating conditions, generally in the mid-50s, while expectations for the next three months consistently remained stronger. Forward-looking confidence peaked…
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dfcu Bank has renewed its call for deeper linkages between Ugandan agribusinesses and Dutch enterprises, emphasizing the transformative impact of modern farming practices, entrepreneurship, and long-term partnerships. The message was delivered during the Netherlands–Uganda Trade and Investment Platform (NUTIP) entrepreneurship event, whose growing influence was highlighted by Dutch and Ugandan leaders. According to ChimpReports, NUTIP Board Chair Martijn Harlaar noted that the platform has evolved far beyond a casual networking event into a substantive forum for business growth and knowledge exchange. “I still recall four years ago when we celebrated our first day of the entrepreneur, that we started with…
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Insolvency is one of the most misunderstood phases of the business cycle. In Uganda—where entrepreneurs are celebrated for their resilience and ingenuity—it is also one of the most stigmatised. But…
Concierge Group Ltd (TMCG)—the company behind Rocket Health—seeking temporary injunctions against its co-founder and former Chief Executive Officer, Dr. Davis Musinguzi Musiimenta. TMCG had asked the court to restrain Dr. Musinguzi from acting or holding himself out as a director of the company and from intermeddling in its management and affairs. The company also sought a second injunction compelling him to immediately hand over access to its digital systems—including Google Workspace, Amazon Web Services (AWS), social media management tools, and other cloud-based platforms—pending determination of the main suit. The application, filed as Miscellaneous Application No. 1408 of 2025, arose out…
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As the rest of Uganda chokes on expensive credit, with commercial bank lending rates hovering between 18 and 20 percent, staff at the Bank of Uganda (BoU) are enjoying the rare comfort of nearly interest-free, long-term loans stretching up to two decades. Revelations from the central bank’s latest Integrated Annual Report 2024/25 have lifted the lid on a rare privilege: access to nearly interest-free loans for central bank staff and executives, stretching up to 20 years and offered at rates between 0% and 3%. The disclosure has triggered both curiosity and criticism. For some, it’s a thoughtful staff welfare strategy,…
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Uganda is a country of astonishing contrasts, lush rainforests, roaring waterfalls, rugged savannahs, and winding mountain roads. For many visitors, the best way to experience all this beauty is behind…
A leaked internal letter from Uganda Airlines has exposed a bitter dispute with Wavah Water, one of the carrier’s inflight suppliers, over alleged contamination of bottled water served to passengers. The correspondence, signed by Dominic Mascarenhas, Manager for Inflight Product and Catering, documented how a sealed 1.5-litre Wavah Water bottle was found with a dead cockroach trapped inside its cap during a routine flight service. According to an internal letter dated August 21, 2025, and addressed to Ms. Charlotte Mayanja Kakooza, Sales and Client Relations Manager at Wavah Water, Dominic Mascarenhas, Uganda Airlines’ Manager for Inflight Product and Catering, reported that a…
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The United Arab Emirates (UAE) has moved to tighten visa requirements for Ugandan nationals, citing concerns over immigration abuse and unlawful activities by some travelers. Speaking to China’s Xinhua news agency, Henry Oryem Okello, Uganda’s Minister of State for Foreign Affairs in charge of International Cooperation confirmed that the restrictions will be imposed on long-term visas. However, he stressed that the measure does not amount to a complete travel ban, but rather a halt on certain categories of long-term visas. According to the minister, Emirati authorities are particularly concerned about individuals considered at high risk of overstaying or engaging in…
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Q1. What is the Centre for Media Innovations & Sustainability (CMIS Africa), and why was it established? CMIS Africa is a new initiative designed to rebuild and future-proof Africa’s journalism ecosystem—starting right here in Uganda. We are responding to a media environment that’s under-resourced, under-skilled, and under pressure from political and commercial interests. Journalism is too important to be left to chance. Our job is to equip journalists, media entrepreneurs, and media startups with the skills, resources, and networks they need to produce accurate, ethical, and impactful journalism—especially in the sectors that matter most for our development. Q2. You’ve said…
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When the Federation of Uganda Football Associations (FUFA) unveiled Circular No. 1202 on August 20, 2025, all eyes were on the numbers. For the first time in years, FUFA promised…
