Martin Luther Oketch
Daily Monitor
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Past articles by Martin:
Govt Covid fund has not helped small businesses, BoU concedes
The Small Business Recovery Fund, which was formed in July 2021, to help small businesses struggling with the impact of Covid-19 has only disbursed Shs6.58b out of a possible Shs200b → Read More
Cost of business eats into BATU’s profitability
During the period ended December, cost of operations grew by 15 percent to Shs34.5b from Shs30b → Read More
URSB starts integrating intellectual property rights aspects in institutions
URSB explains that the move aims at ensuring that everyone’s brand is protected and paid for by those who use it → Read More
Survey records reduced activity in agriculture, construction
The survey, however, indicates that the score remained above 50, above which, is an indication of stability while a lesser score indicates a slowdown in growth. → Read More
What it takes to shift to a green economy
Special economic zones are an opportunity to experiment with policy innovations. → Read More
Credit risks decline, loan approvals rise
According to data from the Ministry of Finance Performance of the Economy report for January, loan approvals increased to 77.6 percent in December compared to 50.4 percent in November. → Read More
BoU has managed inflation well, say Citi boss
Citi says the growth outlook in Uganda has improved remarkably over the last few months following tight monetary policy by the central bank → Read More
Uganda’s export earnings increased by 10.7 percent –Finance
Uganda traded at a surplus of $136.43 million with the rest of the EAC Partner States in December 2022 → Read More
Availability of foreign currency makes Uganda most investable market, says Stanbic
According to Mr Jibran Fauz Qureishi, Uganda’s forex market remains liquid, which makes the country to have less challenges with forex market liquidity like other countries such as Nigeria... → Read More
Uganda’s labour market is fragmented, says report
While there is steady movement of labour from agriculture to the services sector, this movement is not accompanied by growth in decent jobs. → Read More
Private sector lending likely to rise
There was increased economic activity last year compared to past years. → Read More
Rational tax exemptions will increase revenue, IMF says
Uganda has been losing 2.1% tax revenue to GDP due to tax exemption, which government has been giving investors in different sectors. → Read More
Special Needs students post better UCE results
The UCE results for 2022 released today reveal that in the category of Low Vision, 41 of the 154 candidates who sat for the exams passed in division one, 38 in division two, 35 in division three... → Read More
Umeme shareholders eye Shs1 trillion payout
The money is a result of investments made by Umeme in the country → Read More
Uganda scored 90% in legal enforceability, says Absa Index
This score reflects that there is a high level of transparency in the market being executed by players in the financial market and higher degree of enforceability of standards by the regulator... → Read More
Stop delays in releasing funds, World Bank to govt
World Bank has also advised the central government and local government to have a proper budgeting cycle → Read More
Uneb asks govt to increase UPE funding
Uneb informed that school head teachers can start picking the PLE results from the Board’s headquarters effective January 30 → Read More
Government misses its revenue target by Shs180 billion
The fiscal surplus is a situation where the government has or raises more money than it spends during a particular period such as month, quarter and a year → Read More
Your money is safe
All NSSF investments are safe with 78 percent in fixed income, 15 percent in equities and 7 percent in real estate. → Read More
Private sector credit grows despite rise in interest rate
Official government figures indicate that commercial banks’ shilling denominated rates edged to a weighted average of 18.98 per cent in November 2022, up from 18.42 per cent in October 2022 → Read More