Uneb asks govt to increase UPE funding

Uganda, Jan. 27 -- The Uganda National Examinations Board (Uneb) has asked government to increase funding towards the Universal Primary Education (UPE) whose beneficiaries increased by 1.7 per cent in... Read More

Government misses its revenue target by Shs180 billion

Uganda, Jan. 25 -- by MARTIN LUTHER OKETCH Government has missed its revenue surplus target by Shs180.51 billion due to shortfalls and under performance of revenue sources in terms of tax and grants.... Read More

Your money is safe - NSSF tells savers

Uganda, Jan. 25 -- Targeted investment style and diversification has helped the National Social Security Fund (NSSF) to remain liquid despite the outflow of money in form of midterm access, investment... Read More

Private sector credit grows despite rise in interest rate

Uganda, Jan. 25 -- Uganda's Ministry of Finance, Planning and Economic Development (MoFPED) has there was a 0.4 per cent growth in the stock of outstanding private sector credit despite the rise in le... Read More

Cost of living tops global risks

Uganda, Jan. 17 -- The Global Risks Report 2023 by the World Economic Forum has raised various risks which will affect countries around the world Uganda inclusive. A risk is the chance of something h... Read More

Private sector should gain in the next Budget

Uganda, Jan. 17 -- From Covid-19 to double digit inflation coupled with external factors such as Ebola and the geopolitical conflict in Eastern Europe (Russia-Ukraine war) which brought about imported... Read More

Foreign exchange market stable - Central Bank

Uganda, Jan. 14 -- The Central Bank has said the exchange rate is still stable, with the shilling gaining by 1.6 percent in the three months to December 2022, supported by the prudent monetary policy ... Read More

Government commits Shs6.4t to fund its programmes

Uganda, Jan. 12 -- The government is hoping a Shs6.4 trillion infusion at the start of the third-quarter (Q3) of the 2022-2023 Financial Year (FY) will breathe life into the flagging economy. The rel... Read More

Finance releases Shs31.8 billion for gov't suppliers

Uganda, Jan. 12 -- The Ministry of Finance yesterday relieved the service providers to the government from financial constraints to conduct their businesses by releasing domestic arrears of Shs31.80 b... Read More

Covid, geopolitical tensions might cause global economic recession - WB

Uganda, Jan. 11 -- The World Bank (WB) has warned in its global economic prospects that worldwide economic growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced i... Read More