Home > BusinessFocus Reporter (Page 1113)
FeaturedNews

Uganda’s Contingent Liabilities Up To Shs278bn As Gov’t Loan Guarantees Skyrocket

The value of Uganda’s contingent liabilities has increased to USD75.076 million (about Shs278.5bn) as at December 2019 due to the sovereign guarantees government provided to Uganda Development Bank Ltd (UDBL) to enable the entity access financing from India and African Development Bank,  a February 2020 report by Parliament’s National Economy

Read More
BankingNews

US ‘Disappointed’ Uganda Gov’t Hasn’t Taken Action Against BoU Officials

Former BoU Executive Director-Supervision, Justine Bagyenda and the then Director Financial Markets at BoU, Bernard Ssekabira (R) appearing before the COSASE probe. A report by the US state department has noted with disappointment that more than a year after the parliamentary committee on Commissions, Statutory Authorities, and State Enterprises (COSASE)

Read More