Tag Archives: finance

What anniversary year  says about the state of the monetary policy signal COMMENT: Geoffrey A Onegi-Obel   The Bank of Uganda on August 2 and 3 capped a series of celebratory Golden Jubilee activities with the annual Joseph Mubiru Memorial Lecture and an Anniversary Day with President Yoweri Museveni as the …

Having been appointed in October 2014 to replace the long-serving Allen Kagina as commissioner general of the Uganda Revenue Authority (URA), Doris Akol started her tenure on a rather good note. At the presentation of her very first annual revenue performance report in July last year, she was all smiles …

On March 31 2016, the total value of all loans in Uganda’s commercial banking industry was Shs21.7 trillion of which Shs528 billion were non-performing loans (or “bad loans”) i.e. 2.64% of the total. Under the effective oversight of Bank of Uganda, especially its director for supervision; Justine Bagyenda (known in …

Inside the Shs1 trillion rescue plan for loan stressed companies On July 9, President Yoweri Museveni summoned top officials from the Ministry of Finance, the Central Bank and Uganda Revenue Authority (URA) for a meeting at State House, Entebbe. Amongst those who attended what has been described as a high …

Northern Corridor success: New World Bank report highlights logistics on EAC’s Northern Corridor as an inspiring African success story Finally, the massive investments in projects to remove logistical bottlenecks in the East African Community are starting to pay off great dividends. A new World Bank report dubbed, ‘Trade Logistics in …

Is Museveni serious this time? The government is planning to increase public spending in the next financial year but some experts say it is punching above its weight. This could be true since the country is getting low returns on its large infrastructure projects. Since winning his fifth five-year term, …

Ailing health sector: Sector gets increment but worries over heavy dependence on donors persist Every time the budget is presented, citizens take a hard look at the allocation to the health sector. This year, the government has unveiled an ambitious budget of Shs26trillion of which Shs1,826.49bn is going to the …

Here is the FULL SPEECH – Uganda’s National Budget FY 2016-17 Madam Speaker, in accordance with Article 155(1) of the Constitution of the Republic of Uganda and the Public Finance Management (PFM) Act 2015 as amended; and in exercise of the power delegated to me by H.E the President of …

LIVE UPDATES from the Uganda Budget speech. BOTTOM, the FULL National Budget Framework Paper. *National Budget Framework Paper (NBFP) FY 2016-17 (Source Parliament Watch) *Report of the committee on Budget on the National Budget Framework Paper (Source Parliament Watch) *Motion on the Budget 2016/17 (Source Parliament Watch) Approved Budget 2015/16 …

What are the key elements in your management philosophy as a manager? My style encompasses teamwork with all stakeholders and that goes right through the external and internal publics. I therefore encourage a participatory approach to have everybody on board and talk about things. We are also a learning organization …