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For far too long, government’s overzealous appetite to borrow has been uncontrollably evident, often times triggering fear of driving the country into a looming debt trap, Prosper Magazine has... → Read More
According to the National Small Business Survey of Uganda, most Micro Small and Medium Enterprise - about 63 per cent - do not have access to Internet. → Read More
“When I say we have real money to invest in the country I mean DFC can provide financing directly to Ugandan companies and businesses beyond the $50 million for a transaction” → Read More
The national budget appears to have increased by over a trillion shillings. This must be good news. Although we understand that the budget has increased, we must not lose sight of the fact that... → Read More
No one expected the country to go without a BoU governor for 12 months and counting → Read More
Government’s priorities for the next financial year’s budget, barely five months away, have elicited mixed reactions since some of the major economic sectors will suffer budget cuts. → Read More
in 2020/2021 Financial Year, Free Zones contributed 23 per cent of Uganda’s total exports. → Read More
The government should ensure that the money earned by employees doesn’t get substantially consumed by taxes, but instead they should retain it to boost their purchasing power. → Read More
The country’s total public debt stock as a percentage of GDP is already hovering beyond the 50 per cent projection, due to the accumulated Shs80 trillion public debt. → Read More
The most strained with the anti-money laundering regime will be players in financial sector. → Read More
For now, the government continues to watch the space unravel although the Ministry of Energy expects consumers to get a relief each time there is stability in the market. → Read More
A not-for-profit organisation has bagged a $1m (about Shs3.7 billion) grant to mentor young fathers → Read More
The transition to cleaner energy is increasingly gaining momentum with several experiments being tried out in Uganda and across the globe. → Read More
The Central Bank believes there is still room for further adoption of digital payments → Read More
We need to establish support teams with specialist knowledge in cryptography, and security architecture → Read More
The findings also disclose that that seven out of 10 people save daily, indicating that saving jars provide a saving solution for daily income earners majorly → Read More
By close of September, headline inflation had hit double digit, rising from 9 per cent in August to 10 per cent. To fight runaway inflation, Bank of Uganda has also increased its key lending rate to 10 percent. → Read More
Experts say it is too early to establish the impact of the Ebola outbreak on the economy. The worry will manifest if the situation is not contained → Read More
There are some concerns over whether the sugar sector has helped participating communities or simply sunk them into food insecurity and poverty → Read More
The US enacted legislation known as African Growth and Opportunity Act (AGOA) is currently set to expire in September 2025 at which stage these preferences will fall away. → Read More