Vendors at Kampala’s Kalerwe and St. Balikuddembe (Owino) markets are set to benefit from a new government-backed financing initiative known as the Katale Loan.The low-interest loan scheme, targeting low-income earners, will be disbursed through the Microfinance...
President Yoweri Kaguta Museveni has revealed a government plan to establish a bank in every parish across Uganda under the Parish Development Model (PDM), in a bid to improve financial access for rural communities and bolster...
Despite a recent report disclosing that Uganda has lost over UGX 12 trillion in the past five years through similar tax waivers, the government asked the Parliament of Uganda to exempt eight companies and individuals from paying taxes worth UGX 13.391 billion due to various reasons like COVID-19 effects that affected businesses, and ill health.