Finance
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Junior officers are the biggest beneficiaries of the Exodus SACCO, says police
Last week, a report to the Committee on Defence and Internal Affairs of Parliament indicated that junior police officers accused their high-ranking counterparts of benefiting from…
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URA collects Shs6.8 billion within one week from enforcements
Uganda Revenue Authority (URA) has collected Shs6.8 billion shillings within one week of enforcing compliance with the Digital Tracking System…
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Parliamentary committee on National Economy directed to assess Uganda’s public debt
Concerns on the increasing public debt burden continue to dominate debate and this time, Deputy Speaker, Thomas Tayebwa has directed…
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Gov’t projects to fund 2024/2025 budget
Government projects to fund the Shs52.7 trillion budget of the 2024/2025 financial year largely through domestic revenue, totaling Shs28.9 trillion.…
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Uganda’s economic outlook is optimistic, says Museveni
President Yoweri Kaguta Museveni has assured Ugandans that the country’s economy is continuing to expand despite the effects of climate…
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Access Bank to acquire 80% stake in Finance Trust Bank
Finance Trust Bank (FTB) and Access Bank PLC (Access Bank) have announced the signing of a definitive agreement for Access…
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CSBAG calls upon govt to control increasing domestic arrears
The Civil Society Budget Advocacy Group (CSBAG) has called on government to enforce mechanisms aimed at controlling the increasing domestic…
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BOU liquidates EFC Uganda,orders winding up of affairs
Bank of Uganda (BoU) has effective January 19,2024, placed EFC Uganda Limited under liquidation, revoked its license, and ordered for…