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...
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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...
UNHCR calls for long-term solutions for Uganda’s refugees
The United Nations High Commission for Refugees (UNHCR) Country Representative, Mr Matthew Crentsil, has expressed optimism that the refugee response in Uganda will be fu...
KCCA to get new directors in three months - Museveni
President Museveni has fired Kampala Capital City Authority (KCCA) executive director Dorothy Kisaka, her deputy Eng David Luyimbazi and the director of Public Health...
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...
Uganda needs timely investment, youth engagements for middle-income dreams
Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustra...
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...
Uganda needs timely investment, youth engagements for middle-income dreams
Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustra...
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...