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…
The National Social Security Fund (NSSF) comprehensive income for the 2020/21 Financial Year increased by 25% from UGX 1.472 Trillion to UGX 1.84 Trillion, despite the effects of the COVID-19 pandemic, Managing Director Richard Byarugaba has announced . Addressing the…
Dr. Peter Kimbowa, a corporate governance and management expert, will head the new National Social Security Fund (NSSF) Board appointed by Finance Minister Matia Kasaija. The new Board of Directors…
The Ministry of Finance, Planning and Economic Development (MoFPED) has listed its top achievements in the last five years during the ongoing 2021 Manifesto Week at the Office of the…
Members of Parliament sitting on the Budget Committee have raised a red flag over what they called under allocation of funds to the Judiciary which is battling a huge case…
