Who holds the largest share of govt's domestic debt
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of...
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Water ministry cries out again for funds to desilt River Nyamwamba
The Ministry of Water and Environment is seeking Shs135 billion from the government to fund desilting and flood protection measures along River Nyamwamba in Kasese Distri...
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 36...
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...
Government urged to put breaks on tax incentives to companies
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury strugg...
Ugandans choosing MDIs over banks, UMRA reveals
The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study sho...
Only 10 percent of govt projects are on schedule, NPA report says
Enforcement of publicly funded projects and related investment is underperforming, according to National Planning Authority (NPA). The NPA assessment report further discl...
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...
PRIMEHow Facebook investment club has amassed Shs749m
Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, thi...
Concerns mount over Senegal fiscal shortfalls ahead of election
Senegal's slower economic growth, its widening fiscal deficit and a potential delay in International Monetary Fund financing could cloud the outlook ahead of November 17...