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…
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. …
In the financial year 2022/23, the government provided tax exemptions amounting to a significant Sh. 2.97 trillion, according to a report by the Ministry of Finance. This substantial figure represents…
As governments craft their financial year budgets, they consider various factors, including the country’s population, which is critical for allocating resources equitably and accurately. Without knowing the exact population, it…
The Government has been telling Ugandans that the economy has fully recovered from the economic shocks and crises such as COVID-19. This was first announced by Finance Minister, Matia Kasaija…
By Hellenah Niwasiima According to the highlights from the latest State of the Economy Report, Uganda stands out with a story of resilience and strategic foresight amidst its economic uncertainties.…
As at the end of December 2023, Uganda’s total public debt stood at Shs93.38 trillion, equivalent to USD 24.69 billion. Of this amount, external debt was Shs55.37 trillion equivalent to…
Uganda’s economy has fully recovered from various shocks, crises, and “false alarms” that brought it to its knees, the Finance Ministry has announced. “You recall that when Covid-19 happened, leaders…
Typically, when a Ugandan woman applies for a loan to start or sustain a small business, chances are the door will be figuratively slammed in her face with the word…
Dfcu Bank has announced a significant dividend payout, totaling 6.8 billion shillings to its shareholders for the financial year ended December 31, 2023. This announcement was made during the bank’s…