Finance
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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…
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MPs ask govt to justify Uganda Airlines budget increase
Members of Parliament on the Budget Committee have asked government to justify the continuous capitalisation of Uganda National Airlines, following…
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Public Service Ministry wants Shs79 billion to merge agencies
The Committee on Public Service and Local Government chaired by Hon. Martin Ojara Mapenduzi, has recommended the provision of Shs79.3…
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Legislators concerned over country’s debt burden
The increasing debt burden facing the country continues to bother Members of Parliament on the Budget Committee who have put…
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UPDF wants Shs2.5 billion to provide security to EACOP
UPDF is seeking for Shs2.5 billion to provide security to the East African Crude Oil Pipeline (EACOP). It should also…
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Gov’t to spend up to Shs24.9 trillion on servicing Uganda’s public debt
The Ministry of Finance has revealed that the Government will spend up to Shs24.9 trillion on servicing Uganda’s public debt.…
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How failure of accounting officers to know gov’t workers has contributed to corruption
The Executive Director Civil Society Budget Advocacy Group (CSBAG)Julius Mukunda has revealed that corruption in the budget comes in when…
