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Analysis & OpinionsBanking

Personal & Household Loans Take Biggest Share As Financial Institutions Extend Loans Worth Shs1.3Trn To Borrowers In May

Financial institutions in Uganda approved loans worth Shs1.3Trn in May 2024, with personal and household loans taking the largest share. According to the Performance of the Economy Monthly Reportfor June 2024 released by the Ministry of Finance, Planning and Economic Development, the value of credit approved for disbursement amounted to Shs1.331Trn up from

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Analysis & Opinions

Coffee, Gold, Flowers & Electricity Help Uganda Earn Shs3.2Trn From May Exports -Report

Uganda’s export earnings in May 2024 amounted to USD 891.97 million (Shs3.279Trn) a 39.4% increase from US$639.86million (Shs2,352,573,262,000) in April 2024, the Ministry of Finance has revealed. The details are contained in the Performance of the Economy Monthly Report for June 2024 that was released recently, with Government attributing the growth in exports

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Uganda Baati Applauds State House Investors Protection Unit For Promoting A Favourable Investment Climate In Uganda

In a significant move to further strengthen Uganda's investment climate, Uganda Baati met with Col. Edith Nakalema, the head of the State House Investors Protection Unit. This meeting marks an important milestone ahead of Uganda Baati’s 60th-anniversary celebrations. During the engagement, Col. Nakalema emphasized the government’s dedication to fostering a

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