Twenty years ago, communication between persons across distances and services like sending money had a heavy reliance on physical channels, such as landlines, the post office and public service vehicles.
Read MoreCategory: Analysis
Afreximbank: Risks to Africa’s Growth Outlook
After showing resilience during the COVID-19 pandemic and in the face of rising geopolitical tensions, Africa’s growth is expected to accelerate further in the near term.
Read MoreNSSF managing director Richard Byarugaba said that whereas all other clauses in the NSSF bill should take immediate effect, the clause that provides for mid term access should not be implemented because there is no money to pay all members at once.
Read MoreStanbic PMI: Private Sector Records Jobless Growth In September
Business sentiment in Uganda’s private sector remained positive but slow in September on account of new orders and higher output, according to the monthly Stanbic Bank Purchasing Managers Index (PMI).
Read MoreANALYSIS: How MTN $280 Million IPO Marks A New Dawn
The response has been overwhelming from the public since MTN Uganda, the largest telecom operator agreed to float 20% shares on the securities exchange.
Read MoreStephen Kaboyo’s weekly outlook on the Uganda shilling
Outlook suggest that shilling slide will likely ease as mid month corporate taxes take center stage.
Read MoreBoU names top 7 banks to deal in government securities
Mutebile noted that trading in the secondary market has remained persistently low. For instance, In FY 2019/20, the turnover in the secondary market was recorded at 41% of the total outstanding stock of government securities.
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