74 financial institutions now access NIRA database, says BoU
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) dat...
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Now’s a good time to stop looking back in anger at the colonial era
This year’s Independence Day, celebrated yesterday, is more special than usual. Although the British declared Buganda a protectorate of the crown in 1894, it...
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...
Foreign reserves fall to all time low
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In d...
Does your home really need a revamp?
As the festive season approaches, many homeowners find themselves preoccupied with various ways to refresh their homes, even when everything is still perfectly functional...
Experts want climate change campaigns to include agriculture
As the world faces the rising effects of climate change, there is an urgent need to rally the population and governments towards promoting environmentally friendly farmin...
At 62: Singapore innovates, Uganda struggles with waste
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition...
Rwanda becomes Uganda’s biggest sugar consumer in EAC
Rwanda has overtaken Kenya as Uganda’s biggest sugar export market in the East African Community. Data from Uganda Revenue Authority shows that in the nine m...
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...
New power tariffs excite Kalangala
Industrialists, cottage industry owners, and leaders in Kalangala District are optimistic about the newly-revised power tariffs announced by the Electricity Regulatory Au...