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 J...
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Karuma bridge closure: Travellers endure long queues at Masindi port
Travellers have been forced to endure long queues at Masindi Port in Western Uganda as they jostle to catch ferries to the countryâs capital Kampala following the to...
Why banks are joining unit trusts party
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority...
Uganda earned $1.35b from coffee exports in last 12 months- UCDA
Uganda earned $1.35 billion (about Shs4.990 trillion), from coffee exports between September 2023- August 2024, which indicates that the country now gets more from the ov...
Govt targets to triple tourism arrivals to 3.8 million in 10 years
Government, under the Tourism Policy for Uganda, will seek to more than triple annual tourism earnings in the next 10 years. The policy, which forms the bedrock of govern...
Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion
Telecom investments have shored up NSSFâs income, strengthening the Fundâs assets. National Social Security Fund (NSSF)'s earnings in the year ended June increa...
Mpox cases double, Kampala metropolitan area hit hardest
The number of confirmed Mpox cases in the country has doubled in eight days, statistics from the Ministry of Health show. As of September 17, the cumulative number of con...
Louisiana's wild horses may have roamed Kisatchie Forest for centuries, but is this the end?
In Vernon Parish, a herd of wild horses has roamed the Kisatchie National Forest for years.Some people speculate that the horses have been there for centuries. And as fa...
Govt turns to domestic financiers to close gaps created by reduced external borrowing
The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in...
Religion, politics still fuelling violent extremism in Uganda– report
Uganda is still at risk of violent extremism in defence of religion, ideology, and political goals, a new report released on September 18 shows. Violent extremism refers...