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THE UGANDA FINANCIAL INSTABILITY

THE UGANDA FINANCIAL INSTABILITY

by | Oct 22, 2019 | Business

In spite of the International Monetary Fund (IMF) assistance to salvage the reputation of Dictator Yoweri Museveni’s personal Bank, aka Bank of Uganda. The Bank continues to face serious financial instability that will continue to cause price instability for years to...
UPDF Classified expenditure has increased

UPDF Classified expenditure has increased

by | Apr 18, 2020 | Current events

The UPDF Classified expenditure has increased by 656% from Shs 344bn in Financial Year (FY) 2014/2015 to Shs 2.6tn in FY 2019/2020 compared to the country’s GDP average increase of 5.4% in the same period. Thanks to last Tuesday’s COVID-19 supplementary budget...