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Tag Archives: finance

FIA warns of illicit finance due to oil activities in Bunyoro

Kampala, Uganda | URN | The rapid economic transformation taking place in the Bunyoro sub-region could create new opportunities for criminals to move or conceal illicit funds, the Financial Intelligence Authority (FIA) has warned. The authority has identified land transactions, money lending, corruption in local governments, cross-border trade, and smuggling …

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dfcu urges stronger regional finance links to accelerate East African industrialisation

Kampala, Uganda | THE INDEPENDENT | dfcu Bank has called for stronger integration among financial institutions, regulators and central banks in East Africa to improve access to capital, strengthen industrial competitiveness and facilitate cross-border trade. Speaking at the Regional Industrialisation Conference organised by the Private Sector Foundation Uganda (PSFU) at …

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How first oil evaded 5 Energy, 4 Finance Ministers

Kampala, Uganda | URN | Uganda’s oil journey has been defined less by extraction than by expectation — a revolving door of ministers, shifting deadlines, and a promise of “first oil” that has survived nearly two decades of political optimism and policy delays. In 2013, Irene Muloni, then Minister for Energy and …

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Rethinking how Ugandan SMEs engage with finance

OPINION | ZAKARIAS IDIRO | Uganda’s conversation around SME financing has for years revolved around one central issue: access. Discussions often focus on who qualifies for financing, what banking products exist, and the conditions businesses must meet before receiving support. While these concerns remain important, I believe the bigger issue today …

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Uganda’s tax crossroads

Inside the 2026/27 revenue push, public pushback, and the battle over fairness NEWS ANALYSIS | RONALD MUSOKE | On April 2, Henry Musasizi, the Minister of State for Finance (General Duties), presented a raft of tax proposals to Parliament to finance a proposed Shs 84 trillion budget for the 2026/27 financial …

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