Martin Luther Oketch

Government says the road will greatly boost trade and improve regional connectivity

At least 52 percent of adult Ugandans borrowed money in the five years to 2023. Parliament last Wednesday passed the Tier 4 Microfinance Institutions and Money Lenders Bill, 2024, that now awaits the signature of the President to give force to the law. PHOTO | FILE

By saving while a child is still a baby, parents can lay the foundation for a more secure and prosperous future for their children.

A teller counts dollars in a bank. South Africa saw the largest nominal decrease in pension fund assets per capita, falling from $2,399 at the end of 2022 to $2,218 at the end of 2023. PHOTO BY EDGAR R. BATTER

The kind of apartments that URA seeks to collect tax from. Court has ruled that the amenities provided by the facilities such as modern apartments, including furnishings, DStv, Wi-Fi, pool and a gym, all point towards active use and generate significant added value and thus must pay VAT. PHOTO | STEPHEN OTAGE

In details contained in the Consumer Price Index for November, Ubos noted that seasonal changes had impacted the food production cycle, thus, causing an increase in the price of food crops. Photos/ File

Due to policy actions by the central bank in October 2024, the lending rate in commercial banks stood at 19 percent.

A man reads a forex board with the foreign rates before exchanging to the local currency in Kampala. PHOTO/MICHAEL KAKUMIRIZI

International Monetary Fund (IMF) resident country representative to Uganda Sebastien Walker speaks during an interview with Monitor in Kampala on December 10, 2024. PHOTO/MICHAEL KAKUMIRIZI

Whereas the shilling opened the year weak, it has been stable since February and projections indicate the trend might continue into the New Year. Photo / Edgar R Batte