Cairo Bank

L–R: Uganda’s Minister of Finance, Planning and Economic Development Matia Kasaija; John Musinguzi Rujoki, Commissioner General of the Uganda Revenue Authority; and Crystal Kabajwara, Chairperson of the Tax Appeals Tribunal — three key figures at the centre of Uganda’s evolving tax and revenue administration landscape as well as tax justice.

Financing Uganda’s 10x Dream: Tax Squeeze, Rising Disputes, and Tax Appeals Tribunal Under Pressure

By CEO East Africa Magazine Team Uganda’s ambition is bold: to grow its economy tenfold, moving millions out of poverty and cementing its place among Africa’s rising stars. The 2025/26 national budget,
October 10, 2025
Whereas banks present a picture of profitability and highly liquid, credit expansion remains weak, and the little lending that takes place is concentrated in consumption and real estate.
Whereas banks present a picture of profitability and highly liquid, credit expansion remains weak, and the little lending that takes place is concentrated in consumption and real estate.

Uganda’s Banking Paradox: Strong, Profitable, and Liquid but Failing to Power Productive Growth

Uganda’s banking sector has never been stronger on paper. And the Bank of Uganda’s latest Financial Soundness Indicators show why. Banks, the indicators show, are heavily capitalized, flush with liquidity, profitable, and

 

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