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...
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Tayebwa lauds China for boosting Uganda’s economy
The Deputy Speaker of Parliament, Mr Thomas Tayebwa, has commended the government of China for contributing to the development of Uganda. Mr Tayebwa said the two countrie...
Leaders call for tax waivers at league AGM
Fufa Vice President Justus Mugisha has stressed the importance of upgrading football pitches across the club homes noting that pitch improvement is crucial for developing...
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...
Rev. Fr. Mathias Kwehangana Urges Christians to Support Church Leaders
Christians have been encouraged to support their church leaders for the advancement and growth of the church. Rev. Fr. Mathias Kwehangana of Kabale Diocese made this appe...
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...
Infrastructure failures are derailing socio-economic transformation projects
Your Excellency President Museveni, I write to you as a concerned citizen who has been actively involved in the capacity-building efforts of your government’s socio-e...
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...
Focus on oil and gas development will be key priority in 2025/26 budget
The Ministry of Finance has laid out budget priorities for the 2025/26 financial year, focusing on agro-industrialisation, tourism development, minerals-based industrial...
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...