Finance

The high cost of borrowing significantly affects many Ugandan businesses, presenting substantial challenges to their operations and growth. High interest rates increase the expense of securing capital, complicating efforts to …

Theme: Full Monetisation of Uganda’s Economy through Commercial Agriculture, Industrialisation, Expanding and Broadening Services, Digital Transformation and Market Access. Delivered By Matia Kasaija (MP) Minister of Finance, Planning and Economic …

Uganda’s business landscape is marked by a blend of optimism and challenges. While many entrepreneurs and investors have decried the skyrocketing cost of doing business, the government shows a positive …

Uganda has seen a notable increase in the number of online lending platforms, also known as quick loan apps. The introduction of these online lending Apps has to a big …

Listing on the Uganda Securities Exchange (USE) is a significant milestone for a company, representing a transition from a privately held entity to a publicly traded one. The USE is …

Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank has donated equipment worth UGX 20 million to Mbale Referral Hospital and Maluku Health Center III, as part of …

In January 2024, President Yoweri Museveni announced that government was drafting a strategy to expand Uganda’s Gross Domestic Product (GDP) ten times from USD 50 billion (financial year 2023/24) to …

The African Tax Administration Forum (ATAF) has published its 2023 annual report, highlighting the substantial progress and key milestones achieved in the first year of its 2023-2027 Strategic Plan. The …

On June 4, 2024, the Bank of Uganda’s Monetary Policy Committee (MPC) maintained the Central Bank Rate at 10.25%. Despite a rise in headline inflation to 3.6% in May, driven …