Finance
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BOU lowers interest rate to 9.75% as inflation eases
On October 7, 2024, the Bank of Uganda’s Monetary Policy Committee (MPC) lowered the Central Bank Rate (CBR) by 25…
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NSSF unveils initiative to attract informal sector workers
In an effort to improve Uganda’s savings culture and enhance economic security for informal sector workers, the National Social Security…
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dfcu Bank urges NGOs to seize financial independence amid declining donor funding
At a time when international donor funding is on the decline, dfcu Bank is stepping up to help Non-Governmental Organizations…
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Gov’t tightens belt: Uganda’s 2025/26 budget slashed by Shs14.7 trillion
The Ministry of Finance has released the First Budget Call Circular for Uganda’s 2025/26 fiscal year, revealing a significant reduction…
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Why saver’s reduced withdrawals suggest growing confidence in NSSF
Savers with the National Social Security Fund (NSSF) are set to receive an 11.5% interest rate for the Financial Year…
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dfcu Bank champions women entrepreneurs with GROW Loan Initiative
dfcu Bank has today rolled out its GROW initiative to traders in Owino, Downtown Kampala, marking a significant step forward…
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NSSF earns a record UGX 2.5trillion in realized revenue
The National Social Security Fund (NSSF) today announced that its earnings increased by 15% from Ugx 2.2 trillion to Ugx…
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Parliament Sacco posts Shs9.6 billion in growth
The Speaker of Parliament, Anita Among, has hailed the Uganda Parliamentary Sacco for its continuous expansion following a Shs 9.6…
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How local voices are driving the 2025/26 national budget
As Uganda embarks on its next ambitious journey of economic transformation, a quiet revolution is taking place across the country.…
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dfcu Bank reports impressive 45% profit surge in first half of 2024
dfcu Bank has announced a remarkable financial performance for the first half of the fiscal year 2024, with a 45%…