IGG recovers Shs2.3b in confiscated assets of thieving public officials
The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b mark...
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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...
BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption
MTN Uganda has accused Uganda Revenue Authority (URA) of deploying ‘coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN...
Does Kiira Motors need two years to turnaround?
Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporat...
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...
I will stand again for president in 2026, says Bobi Wine
It is great to see you recuperate from the injuries you sustained in the melee that occurred in Bulindo a fortnight ago. How do you feel now? Health-wise, I am feeling be...
Government loans worth Shs13 trillion remain unutilised
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt...
More than half of employers on NSSF register are not active
Only 26.2 percent of employers registered with the National Social Security Fund are active, according to the NSSF managing director Patrick Ayota. The details above mean...
Energy officials tasked by Museveni to lower electricity rates
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper...
What other players give savers eager to grow money
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-ea...