Recent news reports that a Member of Parliament had been whisked away to civil prison for delaying to complete payment of a loan from a money lender instantly caught public …
Treasury Bills and Bonds, also known as Government securities, are debt instruments issued by the Government through the Bank of Uganda when borrowing from the public. There are different types…
On October 18, 2022, Catholic church-owned Centenary Rural Development Group, the holding group of Centenary Bank and the Catholic Archdiocese of Lilongwe acquired 100% shareholding in MyBucks Banking Corporation, Malawi.…
The National Development Plans (NDPs) identify priority sectors and key public and private implementation partners that should drive the achievement of the country’s strategic goal of attaining middle-income status by…
Uganda’s retirement savings organisation, the National Social Security Fund (NSSF) has declared an interest rate of 9.65% for its members for the year ended June 30, 2022. This year’s interest…
The Financial Intelligence Authority (FIA) is Uganda’s national centre for the receipt of financial data, analysis and dissemination of financial intelligence to competent authorities. FIA was established by the Anti-Money…
In 2015, Uganda was named the country with the highest number of entrepreneurs per capita globally. With most of these being small enterprises, access to affordable financing impedes business growth.…
Bank of Uganda (BoU) increased the Central Bank Rate (CBR) by 50 points to 9 per cent from 6.5 per cent in May according to the monetary policy statement for…
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