By Bethuel Karanja From Washington to Beijing, the global economic weather is turning unpredictable. Trade rules that once anchored international commerce are fraying under the strain of protectionism, geopolitical rivalry…
The International Monetary Fund (IMF) has urged government to introduce Value Added Tax (VAT) on fuel products as part of a broader strategy to strengthen domestic revenue mobilization and improve…
When Bank of Uganda, on Thursday (January 29, 2026), announced that Finance Trust Bank had been authorised to transition from a Tier I commercial bank to a Tier II credit…
It’s just after sunrise in the hills of Kapchorwa, eastern Uganda. A smallholder farmer, barefoot and bent over with age, tends to her coffee shrubs. She’s been growing the crop…
By Martin Mugisha In to the Monetary Policy Report February 2022, the Bank of Uganda said that Private Sector Credit (PSC) growth lost momentum in the quarter to December 2021,…
Former Uganda Revenue Authority (URA) Commissioner General Doris Akol has been appointed Technical Assistance Advisor at the International Monetary Fund. In a congratulatory message, former Kampala Capital City Authority executive…
The Executive Board of the International Monetary Fund (IMF) has approved a 36-month arrangement under the Extended Credit Facility (ECF) for Uganda. The SDR722 million (200 percent of quota or…
Last year Parliament approved loans to the tune of UGX18.69 trillion, according to the report detailing the business transacted by the House in the year 2020. The approved loans are…
The International Monetary Fund, IMF, is proposing that the multi-lateral lenders extend the Debt Service Suspension Initiative to the end of 2021 because most of the countries burdened will not…
Uganda has received a US$ 31.6m (UGX116.7 billion) loan from the African Development Fund (ADF) to help in the response to the Coronavirus (COVID-19) pandemic. In a statement sent out…