The impact of Covid-19 pandemic led to a severe contraction in economic activity due to a combination of global supply chain disruptions, travel restrictions and the sudden decline in demand. …
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Banking & SavingsEconomicsLatest NewsNews
Emmanuel Tumusiime-Mutebile: Seasoned economist who was never shy to speak about government’s fiscal policy mistakes
Emmanuel Tumusiime-Mutebile, who has been at the helm of Bank of Uganda for over 20 years, the longest-serving Central Bank Governor in Africa, was never shy to speak his mind …
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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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The National Social Security Fund (NSSF) has recently been making news headlines in connection to the mid-term access. With Parliament debating the amended NSSF amendment Bill on mid-term access, public …
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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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