Tag: Non Performing Loans
Fraud, insider dealing at Uganda Development Bank: 900m disappears just like...
In what could be described as a syndicated fraudulent scheme, a shrewd Ugandan armed with forged documents, perhaps with the help of Uganda Development...
Uganda’s Economic growth to remain below potential growth rate until FY...
(adsbygoogle = window.adsbygoogle || ).push({}); Increasing non-performing loans and high lending interest rates could delay recovery of Private sector credit extensions...
Public debt to rise from 42.2 % 46 percent of GDP-...
(adsbygoogle = window.adsbygoogle || ).push({}); • Uganda’s debt carrying capacity raised from medium to strong • Current account deficit expected to increase during FY2019/20, driven...
Debt-ridden CITY PARENTS School sold to Sir Appollo Kagwa schools
(adsbygoogle = window.adsbygoogle || ).push({}); One of the country’s top schools, known for performance and discipline- City Parents school (CPS) is no...
Uganda’s banking system is sound, Bank accounts have jumped to 7.4m-...
(adsbygoogle = window.adsbygoogle || ).push({}); By Louis Kasekende The 2016/17 financial year was undoubtedly difficult, with real GDP growth being lower than...
Is the Central Bank Rate losing significance?
While Bank of Uganda has reduced the CBR, commercial Banks have stubbornly refused to lower interest rates. Should citizens rise-up? …………………………………………………………………… By Moses Kaketo December last year,...
Uganda: economy projected to bounce back next year-experts
It has been a rather challenging year. With a weak external sector, Geo-political factors and the domestic environment affected by the election anxiety early...
Mutebile:2016 has been a difficult year for Uganda’s banking industry
By Prof. Tumusiime-Mutebile BoU to raise the minimum core capital requirement by 10% Nonperforming loans rise from 3.8% to to 7.7 percent The...
