The Bank of Uganda’s Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 9.75% due to an improved inflation outlook. Inflation remains subdued, in …
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The Bank of Uganda’s Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 9.75% due to an improved inflation outlook. Inflation remains subdued, in …
Uganda continues to face significant income inequality, as highlighted by the 2023 Finscope Survey. The findings provide a clear snapshot of the country’s economic disparities, revealing the income distribution among …
Recent data from the 2023 Finscope survey indicates a significant shift in how Ugandans manage their finances. The proportion of individuals actively tracking their income and expenses has increased by …
Following the recent National Budget Conference, which set an ambitious USD 500 billion economy goal by 2040, Uganda is gearing up to fully monetize its economy. With a focus on …
Last week, the International Monetary Fund, (the go-to people in case you run short of foreign exchange), gave the Uganda government a pat on the back for successfully steering the …
In a significant step toward transforming Uganda’s business landscape, dfcu Bank has launched a new lending campaign aimed at empowering small and medium enterprises (SMEs) across the country. With over …
Saving has become increasingly crucial in today’s environment due to the rising cost of living and economic pressures. For those in rural areas, accessing traditional banking services can be both …
Government has laid out a strategy for the financial year 2025/2026 under the theme, “Full Monetization of Uganda’s Economy through Commercial Agriculture, Industrialization, Expanding and Broadening Services, Digital Transformation and …
Dfcu Bank has announced its role as an implementing partner for the Government of Uganda’s GROW Project, a new initiative dedicated to supporting women entrepreneurs in scaling their businesses, sustaining …
It can be unsettling to open a daily newspaper and come across adverts announcing the imminent sale of loan defaulters’ assets, more so if it is somebody that you know. …
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