The East African Community will have to do with a smaller budget for this year than earlier planned, after the Legislative Assembly (EALA) cut the Budget Estimates for the Financial…
Bank of Uganda has lost an application in which it sought to join as ‘Amicus Curie’ (Friend of the Court), the ongoing appeal by Diamond Trust Bank against Ham Enterprises,…
Bank of Uganda, Uganda’s central bank does not need recapitalization in the 2021/2022 financial, according to Deputy Governor Michael Atingi-Ego. He disclosed this while appearing before the Budget Committee of…
The agricultural sector has been allocated UGX1.534 Trillion for the financial year 2021/2022. This is an increase more than half from the UGX940 Billion the sector got in the current…
Members of the budget committee of Parliament have demanded for an audit into the funds received by government to handle the COVID-19 pandemic. The demand was put to the Finance…
The Chairperson of Finance Committee of parliament Henry Musasizi is suspicious that the government could be siphoning funds meant for the recapitalization of Bank of Uganda (BoU). He disclosed his…
A pleasant welcome awaits the freshly elected and re-elected members of parliament in an envelope containing nearly $100,000 which they don’t even need to account for. The minister of finance…
James Wire, a technology and business consultant says the focus has been mainly put on large organisations especially banks, yet multitudes of small enterprises, which are termed “the backbone of…
Mobile Telecommunication Network-MTN Uganda has dismissed as unfeasible, talks of plans to make the National ID an identification requirement for anyone intending to withdraw cash from a Mobile Money agent….
About 312 Savings and Credit Cooperative Organizations-SACCOs in Uganda are victims of fraud and poor governance, a report by the Project of Financial Inclusion in Rural Areas-PROFIRA has revealed. PROFIRA…
