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Uganda Earns Shs477bn From Coffee Exports In May On Higher Harvest From Masaka & South Western Regions

Uganda is increasingly earning big from coffee exports Uganda’s coffee exports in May 2024, amounted to 553,529 60-kilo bags, worth US$ 127.30 million (UShs477 billion), Uganda Coffee Development Authority (UCDA) has revealed in its monthly report for May 2024. This was comprised of 473,693 bags of Robusta valued at US

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Analysis & OpinionsNews

A Simple Breakdown Of Uganda’s Shs72.13 Trillion Budget For FY 2024/25

Finance Minister, Matia Kasaija (Centre) with his junior Ministers before he left Ministry of Finance headquarters for Kololo independence grounds to read the budget for FY 2024/25 on behalf of the President/ Ministry of Finance Photo Uganda’s  total resource envelope for Financial Year 2024/25 amounts to Shillings Seventy-Two Trillion, One

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International NewsNews

‘Gov’t Determined To Enhance Passenger Experience At Entebbe International Airport’

Members of the Air Transport National Facilitation Committee (NFALC) on a guided tour of the facilities at Entebbe airport The  Commissioner Transport Regulation and Safety at the Ministry of Works and Transport, Winstone Katushabe, has said Government is determined to improve the facilitation of passengers at Entebbe International Airport.  He made

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Analysis & OpinionsBanking

Uganda’s Top 10 Banks By Assets Revealed As Total Industry Assets Increase To Shs49.5 Trillion

A pie chart showing banks with largest and smallest assets Total assets for Uganda’s 25 banks increased by 342% to Shs49.51 trillion in 2023, up from Shs45.45 trillion recorded in 2022, Business Focus exclusively reports. According to results exclusively analyzed by Business Focus,  the top 10 banks control 80.98% of

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Analysis & OpinionsBanking

Exclusive: Uganda’s Banks With Highest Non-Performing Loans Revealed As Customers Default Shs1.1 Trillion

A photo montage of bank CEOs Banks are struggling to recover money advanced to customers in form of loans as the economy bites hard. According to the exclusive analysis by Business Focus of the audited financial statements of the 25 banks for the year ending  31st December 2023, Non-Performing Loans (NPLs)

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Analysis & OpinionsBanking

EXCLUSIVE: Uganda’s Banks Post Shs1.4 Trillion Profit As The Top 10 Control 92% Of The Market

A photo montage of some bank CEOs/MDs The Ugandan banking sector remained resilient in 2023 despite weak economic growth prospects, heightened inflation and elevated geopolitical tensions. Business Focus’ exclusive analysis of banks’ financial statements as of 31st December 2023, shows that 23 banks made a record profit of Shs1.42 trillion in 2023,

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Analysis & Opinions

DETAILS: Gov’t Priorities In The Shs72.13 Trillion Budget For FY 2024/25

Finance Minister Matia Kasaija will formally read the budget for FY 2024/25 in June Parliament last Thursday approved the Shs72.13 trillion budget for Financial Year 2024/2025, up from Shs52.736 trillion budget in FY 2023/24. The theme for FY 2024/25 remains “Full monetization of Uganda's Economy through Commercial Agriculture, Industrialization, Expanding

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