Inflation is the general increase in the prices of goods and services in the country. It is typically measured by an annual percentage change in the price index such as …
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In a press briefing on Monday, January 29, 2024, Ramathan Ggoobi, the Permanent Secretary/Secretary to the Treasury, unveiled a robust update on Uganda’s economic performance and the fiscal trajectory for …
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Government will soon finalise the strategy to expand Uganda’s GDP ten times from the current $50 billion (FY 2023/24) to US$ 500 billion within a decade, starting FY 2024/2025, driven …
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The Deposit Protection Fund of Uganda (DPF), a government agency that provides deposit insurance to customers of deposit-taking institutions licensed by Bank of Uganda has initiated the process of refunding …
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By Immaculate Wanyenze The Real estate is one of the fastest growing sectors yet less taxed. However, in the recent past, Kampala traders have continued to petition government on landlords …
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In December last year, the Minister of State for Finance Minister in charge of General Duties, Henry Musasizi tabled before Parliament, the budget estimates/ the national budget framework paper for …
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Uganda to Host African Development Finance Institutions for Sustainable Development Summit
In a momentous stride towards sustainable finance in Africa, the top leaders of Development Finance Institutions (DFIs) across the continent are set to convene in Uganda from the 23rd to …
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By Shaka Isaac The government has undertaken an initiative to roll out the electronic Government procurement (eGP) system to all the remaining procurement and disposing entities (PDE’s) within the next …
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Bank of Uganda (BOU) revoked Friday the license of EFC Uganda Limited and placed the Microfinance institution under liquidation therefore issuing an order for them to close up shop. Under …
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Weighing potential returns against Losses of investing in Uganda
For any investor to make a final decision to put their money on ground, they strike a delicate balance between opportunity and risk, carefully weighing potential returns against the possibility …