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Analysis & OpinionsInternational News

Shs86.5 Trillion National Debt: Uganda’s 30 Foreign Lenders Revealed As China Eats Big

Minister of Finance, Matia Kasaija will present the 2023/4 budget next week. Part of the budget will be financed through borrowed funds Uganda's debt stock has witnessed a significant surge over the past decade, primarily driven by the government's intensified investment in infrastructure projects. This trend gained further momentum in

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Analysis & OpinionsBanking

EXCLUSIVE: Customer Deposits Grow To Shs31.5 Trillion As Top Banks Revealed

A photomontage of bank Chief Executive Officers and Managing Directors Total customer deposits for Uganda’s banking industry grew to Shs31.53 trillion in 2022, up from Shs28.17 trillion recorded in 2021, an exclusive analysis by Business Focus, reveals. Customer deposits is one of the key performance indicators for banks. They (banks)

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