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Economy
Bank lending strengthens further
Bank of Uganda's record low policy rates could finally be having their desired effect on commercial bank loan advances, if the latest data is anything to go by
July 11, 2018
Opinion
Commercial banks are key players in the agri-business value chain
While it’s true that most commercial banks in Uganda are not ideally structured to finance individual small-holder farmers directly, the reality is that they still play critical roles within the sector, making them an indispensable part of the overall ecosystem
June 20, 2018
Economy
Good news for the economy as lending to real estate grows faster
Private sector credit growth improved slightly in April, showing its best year-on-year rate in 24 months, figures published by the central bank show
June 6, 2018
Economy
Politics & Policy
Lending growth still low despite BoU rate cuts
Bank lending to the private sector grew at a relatively restrained pace in February, even as the central bank cut its policy rate to its lowest level ever with the hope that loan approvals will increase, boosting economic growth
April 12, 2018
Economy
BoU keeps policy rate steady on low inflation and robust growth
The central bank maintained its policy rate at the same level as February 2018, saying its line with its goals of supporting economic growth and keeping inflation within target levels
April 9, 2018
Economy
Bank of Uganda cuts key rate on private sector credit growth concerns
Bank of Uganda found more room to cut its benchmark rate on concerns about sluggish private sector credit growth and the cost of loans
February 13, 2018
Economy
Private sector credit growth picks up in December
Domestic credit to the private sector rose by 6.2% in December from the same month in 2016, accelerating from November's 3.2% growth, figures from Bank of Uganda show
February 7, 2018
Economy
Private sector lending growth picks up in August
Uganda's private sector credit extension grew 6.2% in August from the same month in 2016, accelerating from July's 5.7%
October 16, 2017
Economy
Bank credit to the private sector steady in July
An increase in loans to the agriculture and trade sectors, as well as personal loans and household loans, was responsible for the growth in bank credit to the private sector in July
September 6, 2017
Economy
URA misses revenue collection target for 2016/17, but collects Shs1 trillion more
The Uganda Revenue Authority missed its revenue collection target in 2016/17 due to slow economic growth and low import volumes
July 24, 2017
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