The support includes eight computer hardware stations for each university, comprising tower servers, monitors, and peripherals, valued at over USD 200,000 (UGX 770 million).
Located on the first floor, opposite LC Waikiki and Optica, the store will open at 10:00 AM local time, offering shoppers a fresh and engaging retail experience in the heart of Kampala.
Stella Nasikwe, a hardware business owner, says a lot of hurdles exist in accessing affordable credit, stressing that current loan interest rates are too high for small business owners to thrive.
The decision was communicated this week by the European Commission, marking a renewed era of confidence for international investors and a stronger fight against financial crime.
This move is aimed at accelerating women entrepreneurship and addressing the growing demand for financial support among women-led businesses across the country.
The Mastercard Index of Women Entrepreneurs (MIWE) ranked Uganda second globally, with 38.4% of business owners being women, just behind Botswana at 38.5%.
Peter’s distribution journey began in October 2013 at Kizungu Market, Mbarara. What started as a modest operation has since grown into a thriving enterprise under the name Rwape Investments, a trusted distributor in the region.
President Yoweri Museveni, however, repeatedly dismissed the effects of the financing freeze by the World Bank and other partners such as the United States, noting that the Ugandan economy has continued to flourish nonetheless.
The agency, in a statement, explained that the increase in pump prices across some areas was primarily due to logistical challenges in the delivery of petroleum products through the Kenyan route during May 2025.
Many women entrepreneurs who qualify for the loan have been successful in their businesses but lack the necessary collateral security required by some of the banks involved in the project.
The upcoming Auto Show promises a weekend packed with activities such as test drives, motorsport exhibitions including gymkhana and drifting, classic car parades, auto tech showcases, and family entertainment.
Kampala Capital City Authority (KCCA) has received approval from Parliament to lease Plot 406 along Namirembe Road to Buganda Kingdom and Plot M880 on Offspring Road to a developer who lost land during the Nakivubo Channel upgrade.
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