Economic impact of Covid-19 on Ugandan economy Archives

Uganda Parliament passes UGX45.5 trillion budget for FY 2020/2021

by Muhereza KyamuteteraThe Big StoryApril 25, 2020April 25, 2020

Parliament of Uganda, sitting on April 24th 2020, passed the Appropriation Bill 2020, approving UGX45.5 trillion budget for the next Financial Year- 2020/2021. This is a 12.3% increase from last…

Absa Bank Uganda to offer loan repayment holidays of up to 6 months over Covid-19

by Muhereza KyamuteteraCompany News Finance The Big StoryApril 13, 2020

Kampala, Uganda, April 13, 2020: As Uganda and the rest of the world confront the public health, financial and economic implications of the COVID-19 pandemic, Absa Bank Uganda is rolling…

Stanbic Uganda offers loan holidays to customers impacted by COVID-19

by Muhereza KyamuteteraCompany News The Big StoryApril 9, 2020

Stanbic Bank Uganda has announced loan holiday packages for business and personal clients affected by the COVID-19 global pandemic. Stanbic Bank Uganda’s Chief Executive Anne Juuko said, “We understand that…

COVID-19: To pay or not to pay NSSF members their savings; what do the experts say?

by Muhereza KyamuteteraThe Big StoryApril 7, 2020April 7, 2020

“When you are faced by a prospect of famine, your first impulse should not be to go after the only planting seeds you have kept in your granary for the…