Govt plans to cut next budget by Shs14 trillion
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trill...
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Govt plans to cut next budget by Shs14 trillion
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trill...
Women entrepreneurs get Shs18b GROW loans in one month – Amongi
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gen...
Charity body seeks funds to sponsor university students
The Muhaire Education Trust Fund (METF) has called upon well-wishers and philanthropists to join it in funding the education of needy students across the country. Speakin...
Economy still faces several risks, says BoU
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher infla...
50% of agribusiness loan requests rejected - BoU
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by th...
NUP, Lukwago to fight over the Lord Mayor’s seat
Kampala Lord Mayor Erias Lukwago recently sent a clear warning to Kampala Capital City Authority (KCCA) councillors that they stand no chance in a fight against him. ...
High staff exits undermining banking sector stability, says BoU
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are c...
SACCO Leaders Hail Stanbic for Unmatched Empowerment, Skilling Initiatives
Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO...
Museveni wants law to regulate moneylenders
President Museveni has vowed to crack down on exploitative money lenders, who he said take advantage of ignorant and desperate people . The President said his government...