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TodaySaturday, April 25, 2026

Alan N. Lwetabe

Patrick Ayota, the NSSF Uganda Managing Director (left) and Dr. Michael Atingi-Ego the Bank of Uganda Deputy Governor, at the just-ended 2024 Absa Economic Outlook Forum. They both believe in an urgent need for pension reforms to allow for redirection of investments into the real sector.

Banks and pension funds feast on gov’t securities gravy train as businesses get more starved of credit and choked by high interest rates.

The government of Uganda’s continued uncontrolled borrowing from commercial banks via government securities and at anti-market rates to the detriment of the private sector dominated the greater part of the just-ended Absa
February 19, 2024
Left-Right: Deputy Governor, Bank of Uganda, Dr. Michael Atingi-Ego; Ministry of Finance Commissioner, Financial Services, Moses Ogwapus; Mumba Kalifungwa, Absa Bank Uganda’s Managing Director and Jeff Gable, the Head of Macro and Fixed Income Research at Absa Group during the 2024 Economic Outlook Forum hosted by Absa Bank Uganda at the Kampala Sheraton Hotel

Uganda maintains 4th position in the 2023 Absa Africa Financial Market Index

With an overall score of 62.8, Uganda maintained its fourth position out of the 28 African countries measured under the 2023 Absa Africa Financial Market Index (AFMI) – a report that evaluates
February 6, 2024
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