Last year in Uganda, fuel prices for a litre of petrol went up by between Shs 100-Shs 630 and Shs 60-Shs 200 for a litre of diesel, with the highest …
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Banking & SavingsFinanceLatest NewsNews
Why did Stanbic Bank waive 2021 unpaid accumulated interest on loans to privately owned schools?
Last year, the government in conjunction with the Bank of Uganda and the Uganda Bankers Association launched a Shs200 billion recovery funds for Small and Medium Enterprises (SMEs) affected by …
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Banking & SavingsLatest NewsNews
Potential NSSF Fund beneficiaries cautioned against rushing to access their benefits
President Yoweri Museveni on January 4, 2022, signed into law the NSSF (Amendment) Bill, 2021 which means that workers who have saved for over 10 years and are over 45 …
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Parliament last week passed the long awaited East African Crude Oil Pipeline Special Provisions Bill 2021 that will allow the development and implementation of the East African Crude Oil pipeline …
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Banking & SavingsLatest NewsNews
Why NSSF needs to set aside Sh1 trillion to pay those eligible for midterm access
The National Social Security Fund (NSSF) said recently that it was ready to effect pay-outs to savers eligible for the midterm benefits if the NSSF Amendment Bill 2021 is swiftly …
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In March 2018, African countries signed the African continental Free Trade Area Agreement (AfCFTA), a legal instrument establishing a free trade area among the African Union Member States. It creates …
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There is good news for the economy about rising employment levels for the last six months as the country continues to recover from the covid-19 pandemic hit. According to Stanbic …
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Latest NewsNews
Acholi sub-region urged to protect their unique products using Geographical Indications
Recognition of Geographical Indications helps to build the productive and trade capacities of countries and strengthens their capacity for trade negotiations. As part of the wider strategy to popularize identification …
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Industry & TradeLatest NewsNews
Presidents Museveni, Samia Suluhu Hassan agree on key strategic projects
President Yoweri Museveni and the Tanzanian President, Samia Suluhu Hassan, have agreed on various key strategic projects that will deepen co-operation in trade and development. “I am happy to tell …
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Prof. Juma Wasswa Balunywa the Principal of Makerere University Business School (MUBS) has said although Uganda is one of the most entrepreneurial countries in the world, a good number of …