Business

Latest business reporting and analysis for Uganda.

NSSF savers to get 11.5% interest 

NSSF savers to get 11.5% interest 

Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for t...

Ultimate Uganda

Ultimate Uganda

Uganda Shilling Gains While Stanbic Rises, MTN Slips

Uganda Shilling Gains While Stanbic Rises, MTN Slips

The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705...

Ultimate Uganda

Ultimate Uganda

Ankole Surgical Camp Surpasses 500 Operations in a Single Day

Ankole Surgical Camp Surpasses 500 Operations in a Single Day

More than 400 patients underwent successful surgeries on the first day of the Ankole Surgical Camp, according to Halson Kagure, Public Relations Officer at Mbarara Referral Hospital. The camp, which commenced on Septembe...

Ultimate Uganda

Ultimate Uganda

Non-performing loans drop but credit extension remains subdued 

Non-performing loans drop but credit extension remains subdued 

The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was...

Ultimate Uganda

Ultimate Uganda

Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million...

Ultimate Uganda

Ultimate Uganda

How EU rule will change coffee sector

How EU rule will change coffee sector

The blanket regulation by European Union (EU) compelling farmers to prove that they did not contribute to deforestation before growing the produce has a massive potential to disenfranchise the entire coffee sector value...

Ultimate Uganda

Ultimate Uganda

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