Covid-19 and the economy

Covid-19: Government Reopens Livestock Markets

by URNFinanceNovember 26, 2020November 26, 2020

Government has announced the reopening of livestock markets. The markets were closed in March by President Yoweri Museveni as a measure to curb the spread of the Covid-19 disease.   These…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subscribe
Log In

East Africa’s Food Basket: Balancing Import Substitution and Regionalism

by CEO ReporterThought LeadershipJuly 10, 2020July 10, 2020

 By Christopher Burke, WMC AfricaGovernment support for the promotion of agriculture in the 2020/21 budget with the scrapping of VAT on agricultural equipment and processed milk are welcome steps in…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subscribe
Log In

Mutebile Warns Banks Against Refusing to Reduce Interest Rates on Loans

by URNFinanceJuly 10, 2020July 10, 2020

Bank of Uganda Governor Emmanuel Tumusiime-Mutebile has warned commercial banks that the central bank may be forced to impose limits on interest rates they can charge on loans.Mutebile, who appears…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subscribe
Log In

Central Bank Warns Against More Borrowing as Public Debt Hits UGX 53 Trillion

by URNFinanceJune 18, 2020June 18, 2020

Bank of Uganda (BoU) has warned that the rate at which Uganda’s public debt is increasing is a cause for worry as the country now hits 53 trillion Shillings in…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subscribe
Log In

Mutebile eases Central Bank Rate to 7 per cent; urges banks to follow suit

by Muhereza KyamuteteraThe Big StoryJune 8, 2020June 8, 2020

Bank of Uganda has today, for the second time in three months, further eased down the Central Bank Rate for June 2020 to 7 per cent, setting another record low…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subscribe
Log In

BOU’S DR. ADAM MUGUME: The 29 things lenders and borrowers must know about BoU’s credit relief measures

by Muhereza KyamuteteraFinanceThe Big StoryMay 26, 2020May 26, 2020

1. What does Credit Relief mean?It is a re-organisation of a debt obligation through concessions or accommodations that provide borrowers with some form of relief in how and/or when they…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subscribe
Log In

What Next for Uganda Economy after Covid 19? PART TWO: The Issues and Solutions

by CEO ReporterThought LeadershipMay 18, 2020May 18, 2020

The Coronavirus StormBy Professor Waswa Balunywa, PhDNow that the lockdown was eased, it is even more important that economic supporting measures are initiated. A large number of market vendors are…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subscribe
Log In

Bank of Uganda suspends payment of arrears as a precondition for loan restructuring; warns banks against excessive and or hidden restructuring fees

by Muhereza KyamuteteraFinanceThe Big StoryApril 15, 2020April 15, 2020

Bank of Uganda has today issued guidelines to all supervised financial institutions, to operationalize the credit relief and loan restructuring measures announced in the Monetary Policy Statement of April 6,…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subscribe
Log In

Sanlam Uganda donates UGX285 million to national anti-Covid-19 taskforce

by Muhereza KyamuteteraCompany NewsApril 14, 2020April 14, 2020

Kampala, 14 April 2020 – Insurance and financial services provider, Sanlam Uganda, has donated UGX285 million (US$75,000) to the Government of Uganda’s National Response Fund for COVID-19. The fund was…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subscribe
Log In

COVID-19: Uganda’s March business confidence index hits 3-year low

by Muhereza KyamuteteraThe Big StoryApril 4, 2020

Uganda’s business confidence index for March 2020 has fallen to a 3-year low as the knock-on effects of Covid-19 begin to sink in. According to Bank of Uganda’s Business Tendency…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subscribe
Log In