Kampala, Uganda | THE INDEPENDENT | Deputy Bank of Uganda Governor Dr. Michael Atingi-Ego has been named among the high-level panelists to headline Stanbic Bank’s annual Economic Outlook Forum slated for tomorrow at Kampala Serena Hotel. Held annually, this year’s forum will run under the theme “Uganda- A Tale of resilience …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has urged financial institutions operating in Uganda to align their business strategies with the development needs of the country and with the well-being of its people. He emphasized that the financial sector is key to sustainable economic development through mobilization …
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Kampala, Uganda | THE INDEPENDENT | The Minister of State for Economic monitoring Peter Ogwang has said they will carry out an audit on all Government loans to assess their performance and progress. According to Ogwang, the Audit will be conducted to assess the number of loans in the country, …
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Kampala, Uganda | THE INDEPENDENT | Power has finally been handed to Makerere University Business School don and critic, Ramathan Ggoobi, who describes himself as a pragmatist and a proponent of economics that works. Ggoobi was on Thursday appointed Permanent Secretary of the Ministry of Finance and Secretary to the …
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Kampala, Uganda | THE INDPENDENT | President Yoweri Museveni has appointed new Permanent Secretaries (PSs), with Makerere economics don Ramathan Ggoobi replacing Keith Muhakanizi at Ministry of Finance. Muhakanizi has been moved to Office of the Prime Minister. Geraldine Ssali is the new PS Ministry of Trade, Industry and Cooperatives, …
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➡ Budget 2021/22 shs44.7 trillion ➡ domestic revenue 76.7% ➡ external revenue 23.3% ➡Domestic revenue, Shs.22,425 bn. ➡Domestic borrowing,Shs.2,943 bn ➡Petroleum Fund, Shs.200 bn. ➡Budget support, Shs.3,583 bn. ➡External financing for projects,Shs.6,868 bn. ➡Appropriation in Aid,Shs.212.4 bn. ➡Domestic debt refinancing,Shs 8,547bn. Kampala, Uganda | THE INDEPENDENT & PARLIMENT MEDIA | …
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COMMENT | Emma Mugisha | Promoting financial inclusion is fundamental to achieving sustainable economic growth across Uganda. Put simply, financial inclusion means ensuring access to bank accounts for everyone who needs one. One of Stanbic Bank’s major roles is to ensure that we help drive this inclusion all the way …
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Kampala, Uganda | THE INDEPENDENT | A pleasant welcome awaits the freshly elected and re-elected members of Uganda’s parliament – all 520 of them. The Minister of Finance Matia Kasaija is hunting for sh165bn to avail Parliament a budget for MPs motor vehicle allowances in the 11th Parliament. Divided by about 520 …
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A peep into a powerful treatise that people in the free market movement need to ponder over THE LAST WORD | ANDREW M. MWENDA | Few books have gripped me as did Thomas Piketty’s economics blockbuster, Capital in the Twenty First Century. Published in 2015, I took long to read it …
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✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 ✅ 11% 2020 ✅ 10.75% Members to earn Sh1.14 trillion on their accounts Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has today declared an unexpected double …
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The Independent Uganda: You get the Truth we Pay the Price