Ugandan Banks Flock to Government Bonds, Squeezing Private Sector Credit
Banks in Uganda are prioritizing government securities over private lending, raising concerns about credit access for businesses.
Tag: Ramathan Ggoobi
Gov’t Injects Shs 41.12Bn Into Tourism Infrastructure Ahead of POATE 2025
Government allocates Shs 41.12 billion to tourism infrastructure in Q4 FY 2024/25, reinforcing commitment to sustainable tourism growth.
MoF Releases Shs19.79 Trillion to Power Final Quarter Spending
Finance Ministry allocates Shs19.79 trillion for Q4 2024/25 to boost services, development, and economic activity nationwide.
Uganda Bets on Small Biz Growth to Hit $500B Economy by 2035
PS Ggoobi reveals Uganda’s plan to grow SMEs, tackle informality, and slash business costs to achieve a $500B economy.
Uganda Strengthens Financial Integrity, Exits FATF Grey List
Uganda exits the FATF grey list after implementing legal reforms and strengthening financial oversight in its fight against money laundering.
Parliament Grills Finance Ministry Over Mysterious UGX 1.5 Trillion Gap in 2023/2024 Budget
Uganda’s Parliament is demanding accountability for a UGX 1.5 trillion budget overspend, raising serious concerns about transparency and financial governance.