Uganda’s annual inflation as measured by the Consumer Price Index for the 12 months to April 2024 increased at a slower rate of 3.2 percent compared to 3.3 percent registered …
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Banking & SavingsFinanceFintechLatest NewsNews
Why you need National ID to transact Sh1m on mobile money
With immediate effect, mobile money agents throughout the country will begin requesting a valid national identity card from customers before processing transactions exceeding Shs1m on the platform, as per a …
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The quarterly Gross Domestic Product (GDP) released by the Uganda Bureau of Statistics (UBOS) for the first quarter of the financial year 2023/24 indicates that Uganda’s economy grew by 5.3% …
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FinanceLatest NewsNewsSpecial Reports
What impact will Investment in Entebbe Express Toll Fees have on the Nation’s road infrastructure in the next 20 years?
Road infrastructure remains a paramount and costly investment in Uganda’s development landscape. The Ministry of Finance Debt Sustainability Report for 2024 shows that Uganda and needs at least $1.4 billion …
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Banking & SavingsEventsNews
dfcu builds connections for transformative impact ahead of its 60th anniversary
As part of the build-up to its 60th anniversary, dfcu Bank held a stakeholder breakfast at the Sheraton Kampala Hotel on April 16, 2024, to celebrate and explore partnerships that …
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Today 16h April 2024, the Hon. Minister of Finance, Planning and Economic Development together with the Hon. Minister of Trade, Industry and Cooperatives and the Hon. Minister of State for …
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During a recent media briefing on the state of the economy and the expenditure releases for the fourth quarter of the current financial year (FY 2023/24), the Ministry of Finance, …
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Savings and Credit Cooperative Organizations (SACCOs) have been instrumental in positively influencing the lives of a vast number of Ugandans. Notably, SACCOs have significantly mitigated the financial exclusion experienced by …
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The African Tax Administration Forum (ATAF) is partnering with the Bill and Melinda Gates Foundation (BMGF) to launch a project that will concentrate on tobacco taxation. This initiative acknowledges the …
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Informal businesses, prevalent in both developed and developing economies, operate outside formal legal and regulatory frameworks. Typically identified by their lack of registration, absence of tax payments, and use of …