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Analysis & Opinions

Kabuleta: Ugandans Shouldn’t Be Forced To Take Covid-19 Vaccines

Joseph Kabuleta addressing the media in Kampala on Tuesday Former Presidential candidate Joseph Kabuleta has launched a new website portal, falsevaccines.ug to rally Ugandans share experience from the inconsistencies resulting from the 'ineffective' Covid-19 vaccinations across the country.Addressing the media in Kampala on Tuesday, Kabuleta, along with city Lawyer Dan

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Analysis & OpinionsBanking

Banks Lending Rates Have Reduced To 16.3% But Credit To Private Sector Remains Subdued- BoU

 The banks’ weighted average lending rate has maintained a downward trajectory since February 2021 in line with the reduction in Central Bank Rate (CBR), Bank of Uganda (BoU) has revealed in its State of the Economy Report dated September 2021. “The average lending rate on shillings loans stands at 16.3 percent in

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Analysis & OpinionsNews

Uganda’s Public Debt Increases By 22.8% To Shs71.6 Trillion

BoU Governor, Prof. Emmanuel Tumusiime-Mutebile Uganda’s debt exposure increased over the year due to significant spending pressures and related loan disbursements to counter the adverse effects of the pandemic, Bank of Uganda (BoU) has revealed in its State of the Economy Report dated September 2021. “The provisional total public debt stock stood

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AgribusinessAnalysis & Opinions

Necessary Interventions To Make Agriculture Scalable, Profitable & Reliable For Smallholder Farmers

Postbank's Jimmy Ocen

By Jimmy Ocen Apart from manufacturing, there's no faction in the services sector that contributes a larger share of gross domestic product than agriculture. Data from Bank of Uganda (BoU) indicates that the services sector contributes 41.5% of gross domestic product, with manufacturing contributing 27.4% which is just slightly above

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Analysis & OpinionsBankingICT

Mobile Money Transactions Hit Record Shs113 Trillion -BoU Report

Mobile money transactions  hit a record Shs113.38Trn in Financial Year 2020/21, the Bank of Uganda 2021 Annual report has revealed. The Central Bank Governor Prof. Emmanuel Tumusiime-Mutebile says that in accordance with the provisions of the National Payment Systems Act 2020, each of the companies received a Payment Systems Operator (large funds transfer)

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