Simon Kabayo
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News
Mobile money transactions soar in July amid mixed economic signals in Uganda
KAMPALA, September 21, 2025 – Uganda’s push for financial inclusion gained renewed momentum in July 2025, as mobile money transactions hit record levels, even as job growth slowed, the trade deficit widened,…
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Private sector credit contracts slightly as lending rates edge up – economic report
KAMPALA, September 20, 2025 – Uganda’s private sector credit stock experienced a slight contraction in July 2025, according to the latest Performance of the Economy Monthly Report released by the Ministry of…
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Uganda’s exports surge by over 50 percent as trade balance shows mixed picture
KAMPALA, September 16, 2025 – Uganda’s export sector posted significant growth in July 2025, with merchandise exports increasing by 53.6 percent compared to the same period last year. This is according to…
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Shadow minister criticises govt over pollution crisis in Lake Bunyonyi
KAMPALA, September 16, 2025 — Legislators have called for urgent and robust measures to protect Lake Bunyonyi, following growing concerns over pollution. The Shadow Minister for Water and Environment, Christine Kaaya, also…
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Uganda’s public debt reaches Shs 116trn but remains sustainable, says minister
KAMPALA, September 15, 2025 – Finance Minister Matia Kasaija has reassured Ugandans that the country’s rising public debt remains sustainable, despite growing concerns over increased government borrowing. Speaking on Thursday at the…
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Boosting service delivery: Local governments to receive increased funding
KAMPALA, September 11, 2025 — The Minister of Local Government, Raphael Magyezi, has pledged that Central Government will significantly increase funding to local governments to improve service delivery across the country. Minister…
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Uganda Cranes receive standing ovation as House tasks govt on funding
KAMPALA, September 11, 2025 — The Uganda Cranes team has been commended for outstanding performance at the just concluded 2024 African Nations Championship [CHAN] in which the national team made a historic…
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Boosting economic growth: Centenary Bank pledges increased support for Ugandan SMEs
KAMPALA, September 10, 2025 — Centenary Bank Managing Director, Fabian Kasi, has reaffirmed the bank’s commitment to empowering Ugandan small and medium enterprises [SMEs], emphasising that they are central to the country’s…
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Debate on L. Bunyonyi pollution deferred
KAMPALA, September 10, 2025 –- The Speaker of Parliament Anita Among has deferred the debate over Lake Bunyonyi pollution to next Thursday to incorporate broader parliamentary perspectives. The presiding officer’s guidance follows…
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Boost for real estate sector as Valuation Bill is passed
KAMPALA September 7, 2025 — Parliament has passed the Valuation Bill, 2024, following the adoption of the Committee on Physical Infrastructure’s report, which introduced sweeping reforms aimed at closing loopholes and professionalising…
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