The Uganda shilling tumbled to trade near a two month low undermined by a surge in corporate and importer demand as the country opened up its entry points. At the…
The National Social Security Fund (NSSF) has today declared an interest rate of 10.75% for the financial year 2019/20. This was announced by the Minister of Finance, Planning and Economic…
Due to the COVID-19 guidelines in place, the National Social Security Fund (NSSF) will hold its first ever virtual Annual Members Meeting on Monday 28th September 2020. In a notice…
Ministry of Finance and Economic Planning Undersecretary and Accounting Officer Betty Kasimbazi is set to retire this month after attaining the mandatory retirement age of 60 years. The Finance Ministry…
The Japanese government has today signed a US$3.8 million (UGX14 billion) grant to Uganda under the Economic and Social Development Program. Finance Minister Matia Kasaija signed the Exchange of Notes…
Government of Uganda is to borrow up to USD1.51 billion (UGX5.7 trillion) from various multilateral lenders, once Parliament approves the motions tabled before it. According to a parliament brief to…
The Minister of Finance, on recommendation of the Fund Management Board, has appointed Eng. Naimanye Appointed Acting ED of Uganda Road Fund effective 1st November, 2019. Eng. Naimanye takes over…
Tropical Bank Limited has unveiled Abdulaziz M.A Mansur as its substantive Managing Director. Dennis Mugagga Kakeeto, the bank’s Executive Director, has been doubling as Managing Director in acting capacity,…
President Yoweri Museveni has directed that borrowing of funds for national infrastructure development should only be ascribed to railway construction, electricity generation, irrigation schemes, strategic roads’ building and to some…
“It is a privilege for Uganda to be hosting such a high level annual continental meeting, and it speaks to the confidence the continent has in Uganda in terms of…