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business

Govt, borrowers share blame of high interest rates, says Ggoobi

Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said that both government and borrowers are to blame for Uganda’s high interest…

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business

Microfinance accounts grow to 4.7m

Savers under the Association of Microfinance Institutions in Uganda have grown to 4.7m accounts, reflecting growth in the savings culture and utilisa…

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business

UETCL records 12% increase in energy purchases

Uganda Electricity Transmission Company Limited (UETCL) has indicated that energy purchases increased by 573 gigawatt per hour (GWh) in the period en…

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business

Govt in tight deadline for oil refinery investment decision

Government is racing against time with only a month left to complete protracted negotiations, and ink the final investment decision (FID) that will s…

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