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...
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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...
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...
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...
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...
Inside Uganda’s murky carbon offset markets
According to the National Emergency Coordination and Operations Centre (NECOC), a loose outfit for disaster risk monitoring and profiling, in the Office of Prime Minister...
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A bitter fight over a multi-billion shilling MTN marketing contract
In 2023, M&C Saatchi Abel approached CTA Space with a proposal.The South African-based marketing, advertising and communications company was seeking an affiliate marketin...