50 latest articles published recently
The private sector often leads to the government but it says their loans do not accrue interest yet the government takes long to repay
Senior economist Professor Augustus Nuwagaba has highlighted the risks of the government’s borrowing habits, explaining that the extensive use of domestic credit markets limits the funds available to...
This malpractice is reportedly hindering URA from achieving its revenue targets and eroding public trust in the system.
The Shs166 billion refund, to be paid with interest, represents a significant financial and reputational challenge for URA.
URA Commissioner General John Rujoki Musinguzi expressed confidence in achieving the ambitious target, emphasizing the agency’s commitment to transparency and efficiency.
The Lord Mayor expressed frustration over budget cuts that have reduced the city’s allocation from Shs 803 billion to Shs555 billion.
Third Deputy Prime Minister Rukia Nakadama announced the strategy, emphasizing the importance of value addition in coffee production.
This move aims to enhance the operational efficiency of SACCOs by equipping them with innovative tools for better financial management and customer engagement.
This bold initiative seeks to boost efficiency, combat corruption, and expand financial inclusivity across the country.
As Uganda positions itself as a regional trade hub, the Chamber’s partnerships with international organizations and participation in global trade forums highlight the country’s potential.
A major contributing factor was the delay in paying wages and salaries across key sectors, including the judiciary, health, and prison services.
I&M Bank chief executive Robin Bairstow said the loan repayment holiday is designed to give customers some breathing room during one of the busiest and most financially demanding times of the year.
Industry experts and stakeholders highlighted the challenges posed by the rising prices of essential construction inputs like cement, steel, and timber, which have significantly impacted housing affor...
This decision follows an announcement by the global Standard Chartered Group to exit similar operations in Botswana and Zambia.
The staggering figure, equivalent to one-third of the country’s domestically generated revenue, has sparked urgent calls for judicial and financial reforms to unlock this capital and catalyze developm...
The digital uptake today has seen financial transactions conducted over handsets like mobile phones
