Most adult Ugandans, especially those who grew up in urban areas, have very fond memories of Uganda Telecom, popularly known as Uganda Telecom. Yes, memories, because despite it at one…
The government of Uganda in Q4 of FY2022/23 borrowed €500 million (UGX2 trillion) from Stanbic Bank Uganda and its parent, Standard Bank South Africa, to plug holes in its budget,…
Members of the Civil Society Budget Advocacy Group (CSBAG) have urged the government to address domestic arrears in the 2023/2024 financial year. The civil society group led by their economist,…
Uganda’s Minister of Finance, Planning and Economic Development (MoFPED), Hon. Matia Kasaija, has today told the Parliamentary Committee investigating governance and administration issues in the Fund, that the acts by…
Uganda’s Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija, on 16th November 2022 signed a ministerial instrument, increasing the minimum capital requirements for banks by 6 times or…
The Ugandan government has tabled the National Budget Framework Paper totalling UGX49.9 trillion for the Financial Year 2023/2024. The document, which paves way for the budget approval process by Parliament,…
Uganda is a country governed on a three-arm system: The Executive, Parliament and Judiciary. Section 111 of the 1995 Constitution of Uganda, as amended in 2005, states that: “There shall…
Finance Minister, Matia Kasaija has revealed that in September this year, Uganda will launch, into the lower Earth Orbit, its first-ever satellite. “The data from this satellite will be used…
The Capital Markets Authority (CMA) has attained UGX1.15 trillion in Assets Under Management (AUM) by licensed Collective Investment Scheme (CIS) managers, representing savings mobilized from Ugandans. This is a major…
The National Social Security Fund (NSSF) has today declared an interest rate of 12.15% for the financial year 2020/2021. This was announced by the Minister of Finance, Planning and Economic…