trillion Archives – CEO East Africa

Tough times for Uganda as President Trump suspends US foreign aid for three months, cuts WHO and climate funding

by CEO East Africa MagazineAfrica Africa CEOs East Africa Finance Global News Industry & Analysis Ministries, Agencies & Departments News & Analysis Politics & Government State House The Big StoryJanuary 21, 2025January 21, 2025

Uganda, a major recipient of America’s foreign aid, could find herself in a tough position after the 47th President of the United States of America, Donald Trump issued an executive…

URA racks up UGX 15 trillion tax revenues from 4.8 million Taxpayers in first half of new Financial Year

by Paul MurungiThe Big StoryJanuary 8, 2025January 8, 2025

Uganda Revenue Authority Commissioner General, John Rujoki Musinguzi has released net tax collections for the half-year from July to December 2024 recorded at UGX 15 trillion against a target of…

Ugandan Banks harvest UGX 1.4 trillion in net profits as assets grow to UGX 53 trillion- Bank of Uganda data

by Paul MurungiThe Big StoryNovember 14, 2024November 14, 2024

Latest data from Bank of Uganda (BOU) shows Ugandan banks and other supervised financial institutions, remain profitable and adequately capitalised following a surge in net-after-tax profit to UGX 1.4 trillion…

NSSF records UGX 2.53 trillion in revenue, savers to get competitive interest rate

by Paul MurungiThe Big StorySeptember 17, 2024September 18, 2024

The Nation Social Security Fund (NSSF) has announced its earnings increased by 16% from UGX 2.2 trillion to UGX 2.53 trillion for the Financial Year ended June 30th 2024. The…