Museveni’s Stance Against Exorbitant Moneylending A Step in the Right Direction
By Ddungu Jordan
Finance
Embrace Islamic Banking for Inclusive Growth- BoU Deputy Governor
Bank of Uganda has issued the first Islamic banking licence to Salaam Bank Limited.
Former NSSF Boss Richard Byarugaba Ordered to Refund 5 Billion or Face Prosecution
The Inspector General of Government Beti Kamya has ordered the former Managing Director for NSSF Richard Byarugaba together with the Director Finance Stevens Mwaje to refund UGX4.4 billion and another UGX 687.3million or risk facing prosecution.
NSSF's Patrick Ayota Stirs Corporate Audience
By Dennis Katungi
Topic: Execution: Getting Things Done in 2023
With the irony of NSSF lately featuring in the Press for the wrong reasons - Mr Patrick Ayota still captivated the audience at Serena Hotel on Tuesday 14th March.
Role of UDB in Socio-economic Development of Uganda over the Last 60 Years
Uganda Development Bank (UDB) was established in 1972 by a presidential decree purposely to finance technically feasible, economically viable, and socially desirable projects.
Gov't seeks to borrow Shs3.5 trillion to finance budget
The Finance State Minister, Hon. Henry Musasizi has asked Members of Parliament to approve up to Shs3.5 trillion to finance the Shs48.1 trillion budget.
PSST Ggoobi Cautions MPs on Supplementary Budgets
The Permanent Secretary/Secretary to the Treasury, Ramathan Ggoobi has cautioned Members of Parliament on approving ‘unnecessary’ supplementary budgets.
Absa Group Interim Earnings Increase 27%, Demonstrating Continued Strong Recovery
Absa Group headline earnings increased 27% to R11 billion in the first half of the year as revenue increased, demonstrating a continued strong recovery from the global economic downturn in 2020.
PERSPECTIVE: Potential Areas to Invest During This Period of Inflation
By Denis Jjuuko
Somebody whose 2022 resolution is to start constructing a house asked me last week whether she should commence or not. She already has a plot of land in greater Kampala.
Dfcu Posts Strong 2021 Financial Results, Operating Income Grows 21%
dfcu Limited's operating income increased by 21% from Shs304 billion in 2020 to Shs369 billion in 2021, according to the dfcu Bank Cheif Executive Mathias Katamba, who attributed the positive growth amidst slowed business activity during the Covid pandemic to the innovativeness of the company.
