Members of Parliament on the Finance Committee have raised concerns over government’s plan to increase domestic borrowing to UGX11.381 trillion in the 2025/26 financial year, warning that the move could push up interest rates and stifle private sector access to credit. The concern was raised by Moses Aleper (Chekwii County),
Read MoreFrancis Otucu
Minister Ecweru (L) consults Tayebwa before he made his responses on the matters raised by the MPs The Minister of State for Works, Hon. Musa Ecweru has revealed that the bad state of some roads is attributed to a Shs1.3 trillion debt that the now rationalised Uganda National Roads Authority
Read MoreTrade should create opportunities for all because it is a driver to development. The world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty, UN Trade and Development (UNCTAD) alerts in its new report, “Trade and Development Foresights 2025 – Under pressure: Uncertainty reshapes global
Read MoreThe Digital RMB Revolution: How China Is Dismantling The Dollar Dominance And Redrawing The Global Financial Map
By Milly Felix Kabyanga The way President Yoweri Museveni led a war against the then regime, China has waged a similar revolution. The People's Bank of China suddenly announced that the digital RMB (Renminbi, Chinese Yuan) cross-border settlement system will be fully connected to the ten ASEAN countries and six
Read MoreStanbic Bank Executive Director and Head Corporate Investment Banking (CIB) Paul Muganwa holding the MoU with the Buganda Kingdom leadership lead by Owek. Twaha Kaawaase the 1st Deputy Prime Minister. Stanbic Bank has teamed up with the Buganda Cultural and Development Foundation (BUCADEF), the socio-economic arm of the Buganda Kingdom,
Read MoreHon. Norbert Mao, Minister of Justice & Constitutional Affairs flanked by URSB Board Chair, Ambassador Francis K. Butagira and Registrar General, Mercy K. Kainobwisho hand over a gift to Hon. Titus Mvalo, Malawi Minis Uganda’s Minister of Justice and Constitutional Affairs, Hon. Norbert Mao, has called for greater adoption of
Read MoreHousing Finance Bank Launches Business Clinics to Empower Over Ugandan SMEs & Women in Business
Peace Ayebazibwe (Extreme Left front row) poses for a group photo at the launch of the HFB Business Clinic Housing Finance Bank has announced the launch of the HFB Business Clinics — a transformative platform dedicated to fostering sustainable business growth for Ugandan women as well as small and medium
Read MoreTeam from Standard Chartered and Innovation Village shared a picture moment with the Chief Guest - Hon Asamo during the launch of Women in Tech Program Uganda’s entrepreneurial landscape is set to receive a significant skilling and financial boost following the launch of the Women in Tech Uganda Accelerator Program,
Read MoreCatherine Twesigye, the new Head of Premium Spirits at Uganda Breweries Uganda Breweries Limited (UBL) has appointed Catherine Twesigye as the new Head of Premium Spirits, signaling a bold move to strengthen leadership in Uganda’s fast-growing premium and reserve spirits category. A seasoned commercial leader with over a decade of
Read MoreBank of Uganda Governor Michael Atingi-Ego launched the Agricultural Finance YearBook 2024 Experts have warned that the continued extension of handouts or money to farmers through programmes such as the Parish Development Model (PDM) without offering them support on how to market their products will not help them create sustainable
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