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  • KPMG: Financial Services CEOs double down on AI, resilience and growth in 2026

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    Bank Of Uganda Increases Lending Rate to 10.25%

    Business Times writerApril 8, 20240910 views

    The Monetary Policy Committee (MPC) of Bank of Uganda has today, Monday increased the Central Bank Rate (CBR) to 10.25% from 10%. This highlights the instability of the Ugandan shilling,…

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    Uganda’s Tourism Industry Reaches 82.6% of Pre-Pandemic Levels

    Mmeeme Leticia LuwezeApril 6, 202402.4K views

    The latest Tourism Trend and Statistics Report for 2024 by the Ministry of Tourism, Wildlife and Antiquities released on Tuesday, March 26, 2024, offers insights into Uganda’s tourism landscape. Highlighting…

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    Are new tax proposals fair to taxpayers?

    Business Times writerApril 6, 202401.1K views

    The Ministry of Finance has introduced five new tax Bills to Parliament with the aim of generating enough resources to finance the national budget in the upcoming fiscal year. The…

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    Uganda Baati Confirms Participation in the Kabaka Birthday Run in Efforts to Fight HIV/AIDS

    Business TimesApril 6, 20240865 views

    Uganda Baati, the leading manufacturer and supplier of quality building solutions in Uganda has confirmed support for the Kabaka Birthday Run slated for Sunday April 7 in Kampala. The Run…

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    Stanbic PMI reports low demand for March 

    Business TimesApril 5, 20240803 views

    Output and new orders contract

    Input costs rise amid higher purchase prices and wage bills

    Firms remain confident in the outlook as employment grows

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    Airtel Pays Out UGX  34.8 Bn to UCC to Support Rural Communications Infrastructure Development

    Business TimesApril 4, 202401K views

    Uganda’s First 5G Network, Airtel Uganda has today handed over a cheque totaling Ugx. 34.8 billion which is 2% of the annual gross revenue for the year ending 2023 to…

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    How is quarantine affecting slaughterhouses, farmers; what is Government’s response?

    Mmeeme Leticia LuwezeMarch 30, 20240878 views

    The Ministry of Agriculture recently imposed a quarantine on 36 districts across the country following the outbreak of FMD, leaving many people in the animal industry uncertain about the future…

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    How NSSF Assets Grew to Shs20T

    Business Times writerMarch 30, 20240979 views

    The National Social Security Fund (NSSF), Uganda’s national savings scheme, has hit Shs. 20 trillion in Assets Under Management, one and a half years ahead of schedule, according to the…

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    UETCL sustains growth, expanded capacity

    Mmeeme Leticia LuwezeMarch 30, 202401.4K views

    In the fiscal year 2022/23, the Uganda Electricity Transmission Company Limited (UETCL) reached new heights, with strong sales revenue and expanded capacity. Uganda Electricity Transmission Company Limited (UETCL) stood out,…

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    Housing Finance Bank Facilitates Dialogue Among Stakeholders to Ease Vehicle and Asset Acquisition for Ugandans

    Business TimesMarch 30, 20240834 views

    According to the recently released Bank of Uganda monetary policy statement, Uganda’s economic growth is projected to perform at ranges of 5.5%-6.5% in the short-to-medium term premised on the projected…

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