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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …