Govt releases Shs 52.7 trillion 2023/24 budget
The Government of Uganda has released the financial year 2023/24 budget of Shs 52.7 trillion that entails government revenue mobilisation and spending plans for the next 12 months. The Minister of…
The Government of Uganda has released the financial year 2023/24 budget of Shs 52.7 trillion that entails government revenue mobilisation and spending plans for the next 12 months. The Minister of…
The Bank of Uganda (BOU) has maintained the Central Bank Rate (CBR) at 10 percent in June 2023. The CBR’s operational bands will remain at +/-2 percentage points, while the…
The role of Financial Technology (FinTech) in facilitating Uganda’s transformation cannot be overemphasized. Without point-of-sale machines and online/mobile banking expediting entry into our national parks, tourism would most likely contribute…
Uganda Baati Limited, a member of the Safal Group, has unveiled cutting-edge stone-coated steel roof tiles under the brand name- Lifestyle. This revolutionary stone-coated steel roof tile combines light weight,…
The National Social Security Fund (NSSF) has earned a total of Ushs 31.5 billion as dividends for the year ended December 31, 2022, from its investment in MTN Uganda. NSSF…
Government has said it expects Uganda’s Gross Domestic Product (GDP) to expand up to Shs 206.54 trillion by the end of financial year 2023/24. This in turn is projected to…
Uganda Airlines will host the 55th edition of African Airlines Association (AFRAA) Annual General Assembly as the official carrier on November 19-21,2023 at the Commonwealth Speake Resort Hotel, Munyonyo. This…
Bank of Uganda has confirmed that the provisional total public debt stock at nominal value as at end March 2023 stood at Shs 86,352.6 billion which is approximately 47.7 percent…
A recent report by the Uganda Bankers’ Association (UBA) sheds light on the gender distribution within the banking sector. The findings reveal that women constitute the majority of employees, indicating…
Uganda’s tax regime was upgraded in 2008 ahead of the development and production phase of the country’s oil and gas projects. It has successfully been tested locally and internationally. According…