Excessive bureaucracy in the public sector is a hotbed for corruption. Add greed, some guile, a good measure of networking and regularly sprinkle with cash and you have a well-oiled …
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EconomicsFinanceLatest NewsNews
IMF calls for review of Uganda’s anti-money laundering and combating the financing of terrorism frameworks
In a bid to fight illicit financial flows, the International Monetary Fund (IMF) has called for a review of the legal ambiguities and deficiencies within Uganda’s Anti-Money Laundering and Combating …
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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 …
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FinanceGlobal NewsLatest NewsNewsRegional News
Africa’s Financial Struggles: IMF Debt Piling up to Catastrophic Levels
Africa is facing a severe financial crisis as the International Monetary Fund (IMF) debt continues to escalate to catastrophic levels. With Egypt topping the list of African countries heavily indebted …
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Government of Uganda is implementing a three-year economic program supported by the Extended Credit Facility (ECF) of the International Monetary Fund (IMF). The program was approved by the IMF Executive …
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Latest NewsNewsPeopleWomen In Leadership
Doris Akol’s professional Journey: From URA Chief to IMF Senior Economist
Today, we write about Ms. Doris Akol, who has proven to the world that closing one’s doors of success could be a blessing in disguise because it opens other doors …
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Global NewsLatest NewsNewsRegional News
Uganda & Global South: Shifting search for financing from World Bank & IMF to BRICS?
The Bretton Woods institutions, namely the International Monetary Fund (IMF) and the World Bank, have historically provided financial assistance to countries in the global south, including Uganda and members of …
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FeaturesGlobal NewsLatest NewsNews
Separate meetings discuss global challenges from different perspectives
A predictable business environment is crucial for making investment decisions. On January 15, but from different perspectives, two gatherings will take place—one in the northern hemisphere and the other in …
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FinanceLatest NewsNational NewsNews
Public Debt: Govt insists it is sustainable and still below 50% of debt to GDP ratio
According to the latest Auditor General’s Report for the financial year ended 30th June 2023, the total public debt as at 30th June, 2023 stood at 96.168 trillion shillings, comprising …