Uganda’s e stock of private sector credit grew to Shs 23.3 trillion in March 2025 from Shs 21.9 trillion in June 2024. This represents growth of 6.4 percent. This is contained in the budget speech for FY 2025/26 delivered by Matia Kasaija, the Minister of Finance, Planning and Economic Development
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Matia Kasaija (Centre), the Minister of Finance with his junior Ministers Uganda’s economy has taken off, Matia Kasaija, the Minister of Finance, has said. He made the remarks while delivering the speech for Shs72.37 trillion 2025/2026 budget at Kololo Independence Grounds on Thursday 12th June 2025. “The economic fundamentals –
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Matia Kasaija, the Minister of Finance Uganda’s budget for Financial Year 2025/26 amounts to Shs72.37 trillion. According to Matia Kasaija, the Minister of Finance, domestic revenue will amount to Shs 37.55 trillion, of which Shs 33.94 trillion will be tax revenue, Shs 3.28 trillion non-tax revenue, and Shs 328.6 billion
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Matia Kasaija, the Minister of Finance, Planning and Economic Development, preparing to read the budget speech for FY 2025/26 The stock of Uganda’s public debt is projected to increase to USD 31.5 billion, equivalent to Shs116 trillion, by end June 2025, Finance Ministry has revealed. While delivering the budget speech
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Uganda Airlines is now flying to 17 direct destinations Uganda Airlines has recorded an increase in revenue to Shs319 billion in FY 2023/24 from Shs28 billion in FY 2019/20. The revelation was made by Matia Kasaija, the Minister of Finance, Planning and Economic Development on Thursday 12th June 2025, while
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Mobile money transactions are increasing every passing day Mobile money transaction values significantly increased by 31.5 from UGX 192.9 trillion in the twelve months ending June 2023 to UGX 253.7 trillion in the year to June 2024, the Bank of Uganda Annual Report for Financial Year 2023/2024, reveals. Similarly, the
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Agriculture is the backbone of Uganda’s economy but the sector continues to get highest interest rates Agriculture sector tops the sectors with highest lending rates in Uganda, Bank of Uganda’s Annual Report for 2023/2024, has revealed. The report says in 2023/2024, interest rates varied among sectors primarily due to differences
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Uganda’s stock of outstanding private sector credit grew by 0.8 percent to Shs23.3 trillion in March 2025 from Shs23.12 trillion recorded in February 2025. This is contained in the Performance of the Economy Monthly Report for April 2025 released recently by Ministry of Finance, Planning and Economic Development’s Macroeconomic Policy
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The Ministry of Water and Environment has released the June to August 2025 seasonal climate outlook over Uganda, with the overall rainfall forecast for the June, July, and August (JJA) 2025 period indicating that the northwestern and eastern regions are expected to receive above-normal (above-average) rainfall, while parts of central
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Uganda’s banking industry Non-Performing Loans (NPLs) reduced to Shs1.019 trillion in 2024, down from Shs1.18 trillion recorded in 2023, Business Focus exclusively reports. Although 10 banks have high NPLs (whose ratio is above 5%), the industry NPL ratio is 4.69%. This analysis is derived from the financial statements for the
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