Finance
Banking, investment, financial markets, and economic policy affecting Uganda's financial sector
Latest in Finance
Government Defends 15% Casino Tax to Expand Uganda's Revenue Mobilization
The Minister for Finance Hon. Henry Musasizi has defended President Museveni's tax proposals before the Finance Committee, warning that exempting land-based casinos from a 15% withholding tax would leak 65 billion shillings in vital revenue.
Uganda, World Bank Launch 10-Year Partnership Strategy to Grow Economy to $500B
Finance Minister Henry Musasizi has launched a 10-year World Bank partnership framework to scale up Uganda's economy to USD 500 billion. The strategy aims to mobilize USD 3.8 billion in private capital for infrastructure and human development, while the World Bank's Public Finance Review cautions Uganda to look beyond oil revenue by strengthening local public institutions.
Finance Ministry Launches Budget Month to Boost Public Scrutiny of State Spending
The Ministry of Finance has opened the FY 2026/27 National Budget Month to enhance public accountability and citizen tracking of government programs. PSST Dr. Ramathan Ggoobi stated that the campaign will focus on implementing the newly approved budget while building on Uganda's improving global transparency scores.
Black Wall Street Community opens membership to Africans
The Black Wall Street Community has officially opened its membership to Africans across the continent and in the diaspora, inviting individuals to participate...
AFD Signs €40 Million Deal With UDB To Boost Priority Sectors
The French Development Agency (AFD) has signed a €40 million (about Shs169 billion) financing agreement with Uganda Development Bank (UDB) to support key...
Bank of Uganda Cautions Public Against Use of Currency in Gifting Bouquets
The Bank of Uganda has cautioned the public against mutilating or defacing Uganda Shilling banknotes and coins, warning that the growing practice of turning...
Government Releases UGX 529 Billion for PDM SACCOs
The government has released UGX 529 billion to capitalise Parish Development Model (PDM) SACCOs for the 2025/26 financial year. This is one of the largest...
Uganda Unveils Green Finance Curriculum to Drive Sustainable Economic Growth
Uganda has launched its first-ever Sustainable Finance Curriculum to help banks and financial institutions integrate environmental and social sustainability...
Uganda Posts 6.3% GDP Growth for FY Ending June 2025, Defying Global Economic Pressures
Uganda’s economy posted an impressive 6.3% real GDP growth for the financial year ending June 30, 2025, signaling a resilient rebound from global economic...
Central Banks Urged to Harness AI for Stronger Financial Stability
African central banks must embrace artificial intelligence (AI) to strengthen financial supervision and ensure stability in an increasingly digital economy,...