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    Ministry of Finance Planning and Economic Development

    Banks Disbursed Loans Worth UGX 2.2 Trillion Between July and September 2020

    URNBanking & Financial ServicesJanuary 7, 2021January 7, 2021

    A report by the Ministry of Finance, Planning and Economic Development indicates that banks gave out loans worth UGX2.65 Trillion to the private sector in the first quarter of the…

    Over UGX 1 Trillion Spent on 2021 Polls

    URNBanking & Financial ServicesJanuary 6, 2021January 6, 2021

    Government has in total allocated UGX1.073 trillion to various Ministries, Departments and Agencies (MDAs) involved in the implementation of election related activities in the run up to the January 2021,…

    Finance Ministry Approves UGX 4.92 Billion For MUBS Staff

    URNBanking & Financial ServicesJanuary 6, 2021January 6, 2021

    The Ministry of Finance, Planning and Economic Development has agreed to resolve the long-standing wage bill woes and salary discrepancies among academic staff at Makerere University Business School- MUBS. According…

    Parliament Approved Loans Worth UGX 18.6 Trillion in 2020, report says

    URNBanking & Financial ServicesJanuary 5, 2021January 5, 2021

    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…

    Uganda Revenue Authority and RippleNami Uganda kick off Rental Tax Compliance System Project

    CEO ReporterCompany NewsDecember 17, 2020December 17, 2020

    Six months after RippleNami® Uganda committed to the Government of Uganda, to empower the Uganda Revenue Authority (URA) with cutting edge traceability and transparency technology for improving rental income tax…

    Government Moves to Increase Credit Access for Small Agriculture-related Entrepreneurs

    URNBanking & Financial ServicesDecember 9, 2020December 9, 2020

    The government has hatched a plan through which micro and small enterprises involved in the agriculture value chain will have increased access to financing, irrespective of the size. The Agri-SMEs…

    URA to Taxpayers: We appreciate your role in Uganda’s economic growth and development

    CEO ReporterCompany NewsNovember 14, 2020November 14, 2020

    It is that time of the year again, when Uganda Revenue Authority (URA) gets to acknowledging and appreciate taxpayers through a series of activities. “In recent years URA has implemented…

    Dr Sengonzi appointed Ministry of Finance Under Secretary and Accounting Officer

    CEO ReporterBanking & Financial ServicesOctober 13, 2020October 13, 2020

    Dr. Sengonzi Edward Damulira has been appointed the Under Secretary and Accounting Officer at the Ministry of Finance, Planning and Economic Development effective 1st. October. 2020. Dr. Sengonzi replaces Ms….

    We will join DTB to appeal in Higher Court, Uganda Bankers’ Association reacts to judgement in which the bank was ordered to pay over UGX130 billion to businessman Kiggundu

    CEO ReporterBanking & Financial ServicesOctober 8, 2020October 8, 2020

    Although they are yet to receive a copy of the detailed judgement in which Diamond Trust Bank Uganda, alongside Diamond Trust Kenya, were ordered to pay business man Ham Kiggundu…

    OPINION: Despite a tough operating environment, NSSF delivered solid performance beyond expectations- Richard Byarugaba

    Richard ByarugabaBanking & Financial ServicesThought LeadershipOctober 3, 2020October 3, 2020

    The Financial Year 2019-20 (FY 2019-20) has been a bag of mixed fortunes. The first half of FY 2019-20 was smooth, and the Fund performed well beyond its targets, collections…

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