David Wandera, the Absa Bank Uganda Head of Financial Markets Tax rates for investors are generally high, the Absa Africa Financial Markets Index 2020 indicates. The report, which analyses the financial markets in 23 African countries to aid their development and maturity ranked Uganda 15th among countries with a conducive tax
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Ronald Muyanja, the Head of Trading at Stanbic Bank Uganda Private sector optimism picked up during February ending a two-month sequence of job cuts and leading to an improvement in the Stanbic Purchasing Managers’ Index (PMI) to 51.2 from 49.8 in January. The index is now above 50.0 signifying a
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Michael Mugabi, the Managing Director at Housing Finance Bank (L) and World Remit Representative after sealing the partnership deal In line with their strategic objective of improving customer service delivery particularly through use of technology, Housing Finance Bank has entered a partnership with World Remit to bring convenient money transfer to
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Uganda is targeting to vaccinate 49.6% of the population which is about 21,936,011 people, in a phased manner, Jane Ruth Aceng, the country’s Health Minister has revealed. “The revised target population for vaccination in Uganda stands at 21,936,011 persons equivalent to 49.6% of population of Uganda compared with the target
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Uganda Coffee Federation and Uganda Coffee Development Authority are have announced that Mbale City will host the Uganda Coffee Day 2021 on 7th October 2021. In a communication to coffee stakeholders , Paul Martin Maraka, Chair – Organising Committee and the Ag. Executive Director at Uganda Coffee Federation said Mbale City
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A statement from Mr Museveni's media team referred to supporters whose accounts were suspended as "victims of Facebook" /AFP President Yoweri Museveni has once again accused tech giant Facebook of being biased against Uganda's ruling party and its supporters. The social media platform suspended several accounts linked to the National
Read MoreMajority of the banks expect their lending rates to remain broadly unchanged with a bias towards decrease, reflecting a relatively lower Central Bank Rate (CBR), the Bank Lending Survey(BLS) has revealed. According to Bank of Uganda (BoU’s Monetary Policy Report ) for February 2021, commercial banks’ lending rate on Shilling loans averaged
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The National Association of Broadcasters (NAB) through its Chairman, Kin Kariisa (pictured) has written the Prime Minister and the COVID-19 National Task Force asking them to include the media among the priority groups who will receive the COVID-19 vaccine first. In the letter dated February 24, 2021 to the Prime Minister and
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David Wandera, the Head of Financial Markets at Absa Bank Uganda The Absa Africa Financial Markets Index (AFMI) 2020 has revealed the state of Uganda's financial markets and the economy at large. Absa Group, in partnership with OMFIF, the Official Monetary and Financial Institutions Forum, conducted extensive quantitative research and data
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Michael Mugabi (L), the Managing Director at Housing Finance Bank and Dennis Kamurasi, the Executive Director, Bulooka (U) Ltd after unveiling the digital trading platform Housing Finance Bank and Bulooka App have announced a new partnership to launch a digitized platform that enables customers to acquire property and motor vehicles in a
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