trillion Archives

NSSF Managing Director, Patrick Ayota projects a robust performance at the close of this Financial Year.

NSSF Projects UGX 3 Trillion in Income, UGX 25 Trillion in Assets at Close of Financial Year

The National Social Security Fund (NSSF) is projecting robust performance at the close of the Financial Year 2024/25, with income expected to reach UGX 3 trillion and assets under management forecasted to

June 20, 2025

Banking & Financial Services·The Big Story

URSB Registrar General, Mercy K. Kainobwisho

Search for credit: Borrowers register 10,730 securities worth UGX 16 trillion with URSB

Uganda Registration Services Bureau (URSB) registered a significant increase in borrower securities or collaterals under the Security Interest in Movable Property registry in the year ended June 2024, an indication of increased

March 12, 2025

Banking & Financial Services·Business & Markets·The Big Story

A photo collage of U.S President Donald Trump and Uganda's President, Yoweri Kaguta Museveni

Tough times for Uganda as President Trump suspends US foreign aid for three months, cuts WHO and climate funding

Uganda, a major recipient of America’s foreign aid, could find herself in a tough position after the 47th President of the United States of America, Donald Trump issued an executive order halting

January 21, 2025

Banking & Financial Services·Business & Markets·C-Suite Leadership·East Africa·Global News·News & Analysis·Politics & Goverment·The Big Story

John Musinguzi Rujoki, URA Commissioner General addressing the press on the tax revenues early this year.

URA racks up UGX 15 trillion tax revenues from 4.8 million Taxpayers in first half of new Financial Year

Uganda Revenue Authority Commissioner General, John Rujoki Musinguzi has released net tax collections for the half-year from July to December 2024 recorded at UGX 15 trillion against a target of UGX 14

January 8, 2025

The Big Story

A photo collage of top banking executives in Uganda

Ugandan Banks harvest UGX 1.4 trillion in net profits as assets grow to UGX 53 trillion- Bank of Uganda data

Latest data from Bank of Uganda (BOU) shows Ugandan banks and other supervised financial institutions, remain profitable and adequately capitalised following a surge in net-after-tax profit to UGX 1.4 trillion registered for

November 14, 2024

The Big Story

NSSF records UGX 2.53 trillion in revenue, savers to get competitive interest rate

The Nation Social Security Fund (NSSF) has announced its earnings increased by 16% from UGX 2.2 trillion to UGX 2.53 trillion for the Financial Year ended June 30th 2024. The Fund is

September 17, 2024

The Big Story