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Mobile Money Lending

  • New Mobile Money Lending Platform Launches in Uganda: “E-Mula” promises to revolutionize access to credit for small businesses and individuals. (Source: Daily Monitor)
  • MTN Uganda Introduces Interest-Free Mobile Money Loans: The telecom giant aims to support customers during the pandemic. (Source: The Observer)

Logistics

  • DHL Launches New Logistics Hub in Kampala: The facility will enhance efficiency and reduce delivery times for businesses. (Source: Logistics Update Africa)
  • Uganda Railways Corporation Revamps Freight Services: The move aims to boost trade and economic growth. (Source: The East African)

Agri Business

  • Uganda’s Coffee Exports Rise by 10%: The increase is attributed to favorable weather conditions and improved farming practices. (Source: The Independent)
  • Government Launches Initiative to Boost Agri-Productivity: The program aims to support smallholder farmers and enhance food security. (Source: New Vision)

General Business News

UIA Launches New Investment Promotion Campaign: The campaign aims to attract foreign investors and boost economic growth. (Source: Uganda Investment Authority)

Uganda’s Economy Grows by 4.5% in Q2: The growth is driven by the services and industrial sectors. (Source: Uganda Bureau of Statistics)