Ministry of Finance officials say they have spent over 100 percent of the budget but government departments are struggling to meet their obligations amidst talk that the 2015/16 budget was suppressed by 30 percent. From his office on the sixth floor of the Finance Ministry block in Kampala, Kenneth Mugambe, …
Read More »Billions borrowed from PTA bank cause jitters
From his office on the sixth floor of the Finance Ministry block in Kampala, Kenneth Mugambe, the Director Budget can look down contentedly at the Nakasero neighbourhood of the rich. The downtown poorer sections of the city are blocked from his view. Donning a stylish purple shirt and a matching …
Read More »In The Independent: Is the Uganda gov’t broke?
Cover story: Billions borrowed from PTA Bank cause jitters News Analysis: Where is hope for Burundi? Feature: Unusual heat waves in Africa will soon be the norm, study says Health: Tackling TB Testing Business BATU owners to share Shs 20 bn LAST WEEK IN THE INDEPENDENT ( …
Read More »PTA Bank aspires for more business in Uganda
By Angella Abushede and Muthoni Karubiu The Preferential Trade Area Bank (PTA), also known as the Eastern & Southern African Trade & Development Bank, held a Bank Business Seminar at Sheraton Hotel in Kampala on the 27th of June. The event was organized in conjunction with the Uganda National Chamber …
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