Finance
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News
House urges gov’t to provide more money for disasters
KAMPALA, September 26, 2024 – The Members of Parliament have called upon government to allocate more funds to help in the management of disasters in the country. The debate was triggered by…
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Economic activity in Uganda increases as BTI, PMI show positive outlooks
KAMPALA, September 24, 2024 – Economic Activity Economic activity in Uganda continued to increase following a pick-up in consumer demand, which further boosted confidence in business conditions as indicated by the Purchasing…
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Interest rates stable as Uganda’s exports surge to US$ 7.5bln
KAMPALA, September 12, 2024 – Commercial bank lending rates for shilling-denominated credit in Uganda averaged 17.89 percent for the year ending June 2024, a decrease from the 18.56 percent average recorded in…
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URA-MTN tax row just one of several others
KAMPALA, September 4, 2024 — The national tax collector, the Uganda Revenue Authority [URA], and the local telecom giant MTN Uganda are embroiled in a quiet tax dispute worth billions of shillings.…
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Make Domestic Resource Mobilisation Work for Africa’s Structural Transformation
By Adamon Mukasa and Anthony Simpasa KAMPALA, August 31, 2024 — The implementation of the United Nations’ Agenda 2030 for sustainable development and the African Union’s Agenda 2063 hinges on Africa’s ability…
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Finance Trust Bank empowers 2,000 women through GROW project
KAMPALA, August 19, 2024 — Finance Trust Bank has successfully trained 2,000 women entrepreneurs as part of the World Bank-funded Growth Opportunities and Productivity for Women Enterprises [GROW] project. The project, supported…
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Wazalendo SACCO commissions commercial building in Fort Portal City
FORT PORTAL, August 12, 2024 – The Wazalendo Savings and Credit Cooperative Society [ WSACCO ] Limited has commissioned a new commercial building located on Balya Street in Fort Portal City to…
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Health Ministry needs extra Shs18 billion for medical interns
KAMPALA, August 7, 2024 – The Ministry of Health needs more Shs18 billion to deploy medical interns who recently expressed their displeasure over government’s failure to place them in various health facilities in…
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African Development Bank launches 54 Country Focus Reports
ABIDJAN, July 31, 2024 – The African Development Bank Group [AfDB] has launched Country Focus Reports designed to deepen policy dialogue on the macroeconomic performance and outlook of individual countries and to act…
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Teso College Aloet to set up irrigation scheme to support learners
SOROTI, July 30, 2024 – The administrators of Teso College Aloet [TCA] plan to support learners in the new curriculum by setting up a small-scale irrigation scheme project on the school’s farm.…
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