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<title>Nile Chronicles News, NCN &#45; : Finance</title>
<link>https://nilechronicles.com/rss/category/finance</link>
<description>Nile Chronicles News, NCN &#45; : Finance</description>
<dc:language>en</dc:language>
<dc:rights>© 2012 &#45; 2025 Nile Chronicles News. All Rights Reserved.</dc:rights>

<item>
<title>President Museveni Urges Ideological Clarity, Sound Financial Discipline at Kyankwanzi Retreat</title>
<link>https://nilechronicles.com/president-museveni-urges-ideological-clarity-sound-financial-discipline-at-kyankwanzi-retreat</link>
<guid>https://nilechronicles.com/president-museveni-urges-ideological-clarity-sound-financial-discipline-at-kyankwanzi-retreat</guid>
<description><![CDATA[ Speaking during an evening session at the ongoing retreat held at the National Leadership Institute Kyankwanzi, the President said leaders must anchor their decisions on strong principles if they are to address Uganda’s socio-economic challenges. ]]></description>
<enclosure url="https://nilechronicles.com/uploads/images/202604/image_870x580_69d8b678a290a.jpg" length="126874" type="image/jpeg"/>
<pubDate>Thu, 09 Apr 2026 23:39:42 +0300</pubDate>
<dc:creator>John Kusolo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Richard Patrick Byarugaba Appointed as New Board Chairman of Old Mutual Investment Group</title>
<link>https://nilechronicles.com/richard-patrick-byarugaba-appointed-as-new-board-chairman-of-old-mutual-investment-group</link>
<guid>https://nilechronicles.com/richard-patrick-byarugaba-appointed-as-new-board-chairman-of-old-mutual-investment-group</guid>
<description><![CDATA[ A graduate with a BSc in Statistics and Economics and an MBA, Byarugaba’s career has been defined by a unique ability to deliver institutional growth through strategic innovation and operational excellence. His appointment is expected to bring renewed vision and expertise to Old Mutual’s mission of building a strong, sustainable financial ecosystem across the region.

Byarugaba’s most notable leadership achievement came during his tenure as Managing Director of Uganda’s National Social Security Fund (NSSF), where he oversaw a period of unprecedented growth. Under his stewardship, the Fund’s assets under management surged from USD 600 million to USD 4.7 billion. ]]></description>
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<pubDate>Thu, 14 Aug 2025 06:11:27 +0300</pubDate>
<dc:creator>John Kusolo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Julius Kakeeto Re&#45;Elected UBA Chairperson as Banking Industry Assets Hit Shs53 Trillion: Top 10 Banks Dominate Market Share</title>
<link>https://nilechronicles.com/julius-kakeeto-re-elected-uba-chairperson-as-banking-industry-assets-hit-shs53-trillion-top-10-banks-dominate-market-share</link>
<guid>https://nilechronicles.com/julius-kakeeto-re-elected-uba-chairperson-as-banking-industry-assets-hit-shs53-trillion-top-10-banks-dominate-market-share</guid>
<description><![CDATA[ Kakeeto&#039;s reappointment reflects continued confidence by industry leaders in his stewardship and vision for the future of Uganda’s financial sector. ]]></description>
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<pubDate>Wed, 21 May 2025 16:08:59 +0300</pubDate>
<dc:creator>John Kusolo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Gatana Victor Pleads Not Guilty to Six Charges of Tax Fraud, Granted Bail by Anti&#45;Corruption Court</title>
<link>https://nilechronicles.com/gatana-victor-pleads-not-guilty-to-six-charges-of-tax-fraud-granted-bail-by-anti-corruption-court</link>
<guid>https://nilechronicles.com/gatana-victor-pleads-not-guilty-to-six-charges-of-tax-fraud-granted-bail-by-anti-corruption-court</guid>
<description><![CDATA[ The charges brought against Gatana stem from investigations by the Uganda Revenue Authority (URA) in collaboration with the Uganda Police. The case, registered under reference URA/CRB/025/2025 and dated 19th March 2025, outlines serious allegations of fraudulent dealings, involving falsified Value Added Tax (VAT) refund claims and use of false export documents. ]]></description>
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<pubDate>Sat, 05 Apr 2025 11:16:19 +0300</pubDate>
<dc:creator>John Kusolo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>URA Cracks Down on Tax Evasion: Three Clearing Agents Remanded</title>
<link>https://nilechronicles.com/ura-cracks-down-on-tax-evasion-three-clearing-agents-remanded</link>
<guid>https://nilechronicles.com/ura-cracks-down-on-tax-evasion-three-clearing-agents-remanded</guid>
<description><![CDATA[ According to URA spokespersons, the authority has intensified audits and enforcement operations targeting businesses and individuals exploiting loopholes in the tax system. &quot;Fraudulent manipulation of the Customs Asycuda System not only affects revenue collection but also distorts fair trade. The URA remains vigilant and will continue to pursue offenders to ensure compliance,&quot; stated Counsel Aheebwa. ]]></description>
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<pubDate>Fri, 04 Apr 2025 18:01:50 +0300</pubDate>
<dc:creator>John Kusolo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Bank of Uganda Urges Public to Utilize Banks for Secure Transactions and Remittances</title>
<link>https://nilechronicles.com/bank-of-uganda-urges-public-to-utilize-banks-for-secure-transactions-and-remittances</link>
<guid>https://nilechronicles.com/bank-of-uganda-urges-public-to-utilize-banks-for-secure-transactions-and-remittances</guid>
<description><![CDATA[ This appeal was made by Deputy Central Bank Governor, Prof. Augustin Nuwagaba, during a national debate organized by Equity Bank under the theme, &quot;Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth.&quot; ]]></description>
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<pubDate>Mon, 31 Mar 2025 08:52:57 +0300</pubDate>
<dc:creator>John Kusolo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>President Museveni Appoints Dr. Michael Atingi&#45;Ego as Bank of Uganda Governor, Prof. Augustus Nuwagaba as Deputy Governor</title>
<link>https://nilechronicles.com/president-museveni-appoints-dr-michael-atingi-ego-as-bank-of-uganda-governor-prof-augustus-nuwagaba-as-deputy-governor</link>
<guid>https://nilechronicles.com/president-museveni-appoints-dr-michael-atingi-ego-as-bank-of-uganda-governor-prof-augustus-nuwagaba-as-deputy-governor</guid>
<description><![CDATA[ As Dr. Atingi-Ego officially assumes office as Governor, and Prof. Nuwagaba steps in as his deputy, Uganda’s financial sector looks forward to a period of strengthened monetary policy, robust financial regulations, and enhanced economic resilience. ]]></description>
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<pubDate>Mon, 10 Feb 2025 15:31:51 +0300</pubDate>
<dc:creator>John Kusolo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>United Boda Boda Riders&amp;apos; Cooperative Union Opens National Headquarters(Union House) in Kansanga</title>
<link>https://nilechronicles.com/united-boda-boda-riders-cooperative-union-opens-national-headquartersunion-house-in-kansanga-1284</link>
<guid>https://nilechronicles.com/united-boda-boda-riders-cooperative-union-opens-national-headquartersunion-house-in-kansanga-1284</guid>
<description><![CDATA[ According to Kasawuli Baker, one of the Union’s key officials, the headquarters in Kansanga is just the first step in a broader strategy to establish a robust national presence. The Union plans to open 16 regional offices and a total of 46 Union offices across the country. These offices will streamline operations and enhance coordination among boda boda riders. ]]></description>
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<pubDate>Thu, 23 Jan 2025 04:57:43 +0300</pubDate>
<dc:creator>John Kusolo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>FUE Eyes to  Digitizing the COP Platform with Stakeholders and ICT Ministry for Interactions on Agreement of Policy Proposals.   </title>
<link>https://nilechronicles.com/fue-eyes-to-digitizing-the-cop-platform-with-stakeholders-and-ict-ministry-for-interactions-on-agreement-of-policy-proposals</link>
<guid>https://nilechronicles.com/fue-eyes-to-digitizing-the-cop-platform-with-stakeholders-and-ict-ministry-for-interactions-on-agreement-of-policy-proposals</guid>
<description><![CDATA[  ]]></description>
<enclosure url="https://nilechronicles.com/uploads/images/202412/image_870x580_67646c5850692.jpg" length="49398" type="image/jpeg"/>
<pubDate>Thu, 19 Dec 2024 21:59:29 +0300</pubDate>
<dc:creator>Benjamin Mwibo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>CSBAG Perturbed with Uganda’s Prolonged Lack of Bank Governor</title>
<link>https://nilechronicles.com/csbag-perturbed-with-ugandas-prolonged-lack-of-bank-governor</link>
<guid>https://nilechronicles.com/csbag-perturbed-with-ugandas-prolonged-lack-of-bank-governor</guid>
<description><![CDATA[  ]]></description>
<enclosure url="https://nilechronicles.com/uploads/images/202412/image_870x580_67630b6236e23.jpg" length="49398" type="image/jpeg"/>
<pubDate>Wed, 18 Dec 2024 20:32:22 +0300</pubDate>
<dc:creator>Benjamin Mwibo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>3rd National ICT Job Fair. Prime Minister Commends Huawei for Massive Investments in the Sector.</title>
<link>https://nilechronicles.com/3rd-national-ict-job-fair-prime-minister-commends-huawei-for-massive-investments-in-the-sector</link>
<guid>https://nilechronicles.com/3rd-national-ict-job-fair-prime-minister-commends-huawei-for-massive-investments-in-the-sector</guid>
<description><![CDATA[ The leader of government business, Rt. Hon. Prime Minister of the Republic of Uganda, Robinah Nabanjja, has saluted the Huawei technologies for investing in the ICT sector during the third national ICT Job fair in Nakawa, Kampala. ]]></description>
<enclosure url="https://nilechronicles.com/uploads/images/202411/image_870x580_674067290c5ec.jpg" length="49398" type="image/jpeg"/>
<pubDate>Fri, 22 Nov 2024 14:16:04 +0300</pubDate>
<dc:creator>Benjamin Mwibo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Govt Gives Business  Community 3 months to Voluntarily Join Local Insurance or Face the Wrath of Law</title>
<link>https://nilechronicles.com/govt-gives-business-community-3-months-to-voluntarily-join-local-insurance-or-face-the-wrath-of-law</link>
<guid>https://nilechronicles.com/govt-gives-business-community-3-months-to-voluntarily-join-local-insurance-or-face-the-wrath-of-law</guid>
<description><![CDATA[  ]]></description>
<enclosure url="https://nilechronicles.com/uploads/images/202411/image_870x580_672bb533b3336.jpg" length="49398" type="image/jpeg"/>
<pubDate>Wed, 06 Nov 2024 21:04:13 +0300</pubDate>
<dc:creator>Benjamin Mwibo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>BREAKING! UK’s Court of Appeal Favors  Uganda&amp;apos;s Moneyed Man Sudhir for Crane Bank in Another Round</title>
<link>https://nilechronicles.com/breaking-uks-court-of-appeal-favors-ugandas-moneyed-man-sudhir-for-crane-bank-in-another-round</link>
<guid>https://nilechronicles.com/breaking-uks-court-of-appeal-favors-ugandas-moneyed-man-sudhir-for-crane-bank-in-another-round</guid>
<description><![CDATA[  ]]></description>
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<pubDate>Fri, 01 Nov 2024 16:38:51 +0300</pubDate>
<dc:creator>Benjamin Mwibo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>President Museveni plans to meet Central Journalists and Give them Start&#45;up Capital.</title>
<link>https://nilechronicles.com/president-museveni-plans-to-meet-central-journalists-and-give-them-start-up-capital</link>
<guid>https://nilechronicles.com/president-museveni-plans-to-meet-central-journalists-and-give-them-start-up-capital</guid>
<description><![CDATA[  ]]></description>
<enclosure url="https://nilechronicles.com/uploads/images/202410/image_870x580_66fba02e96fbb.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 01 Oct 2024 10:11:08 +0300</pubDate>
<dc:creator>Benjamin Mwibo</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Ghana reaches $3 bn deal with IMF</title>
<link>https://nilechronicles.com/ghana-reaches-3-bn-deal-with-imf</link>
<guid>https://nilechronicles.com/ghana-reaches-3-bn-deal-with-imf</guid>
<description><![CDATA[ The West Africa state is facing more than 40% inflation, growing debt and a sharp decline in its cedi currency since the start of the year. ]]></description>
<enclosure url="https://nilechronicles.com/uploads/images/202212/image_870x580_6399b3b67b56a.jpg" length="49398" type="image/jpeg"/>
<pubDate>Wed, 14 Dec 2022 14:32:11 +0300</pubDate>
<dc:creator>AFP</dc:creator>
<media:keywords>Ghana, International Monetary Fund, IMF, economic crisis, West Africa, inflation, cocoa, gold, oil and gas, sub-Saharan Africa, Ukraine war</media:keywords>
</item>

<item>
<title>&amp;apos;Everything increasing except wages&amp;apos;: inflation batters Ethiopia</title>
<link>https://nilechronicles.com/everything-increasing-except-wages-inflation-batters-ethiopia</link>
<guid>https://nilechronicles.com/everything-increasing-except-wages-inflation-batters-ethiopia</guid>
<description><![CDATA[ Annual average inflation is expected to hit 30% in 2022, compared to 26% last year - driven by an increase in food costs. ]]></description>
<enclosure url="https://nilechronicles.com/uploads/images/202212/image_870x580_63978de8cafe6.jpg" length="49398" type="image/jpeg"/>
<pubDate>Sun, 11 Dec 2022 23:26:56 +0300</pubDate>
<dc:creator>AFP</dc:creator>
<media:keywords>Ethiopia, Horn of Africa, inflation, Covid-19, Tigray, Ukraine, Addis Ababa</media:keywords>
</item>

<item>
<title>Ghana president defends IMF aid decision</title>
<link>https://nilechronicles.com/ghana-president-defends-imf-aid-decision</link>
<guid>https://nilechronicles.com/ghana-president-defends-imf-aid-decision</guid>
<description><![CDATA[ The decision has stoked fierce debate in Ghana, where Akufo-Addo has come under fire from critics who say his government reversed its position on the IMF after initially saying a new tax would help revive the economy. ]]></description>
<enclosure url="https://nilechronicles.com/uploads/images/202207/image_750x500_62c94e78a5ef5.jpg" length="49398" type="image/jpeg"/>
<pubDate>Sat, 09 Jul 2022 12:49:40 +0300</pubDate>
<dc:creator>AFP</dc:creator>
<media:keywords>Ghana, Akufo-Addo, IMF, International Monetary Fund, Ukraine, West Africa, Accra, pandemic, Africa, Covid-19, Russia, E-levy, public debt</media:keywords>
</item>

<item>
<title>Ghana police fire tear gas to disperse protest over living costs</title>
<link>https://nilechronicles.com/ghana-police-fire-tear-gas-to-disperse-protest-over-living-costs</link>
<guid>https://nilechronicles.com/ghana-police-fire-tear-gas-to-disperse-protest-over-living-costs</guid>
<description><![CDATA[ The West African nation, reeling from a pandemic-spurred economic slump and hammered by the impact of Russia&#039;s war in Ukraine, has seen inflation surge to more than 27% this month, the highest level in almost two decades. ]]></description>
<enclosure url="https://nilechronicles.com/uploads/images/202206/image_750x500_62bde6eb816ea.jpg" length="49398" type="image/jpeg"/>
<pubDate>Wed, 29 Jun 2022 21:11:12 +0300</pubDate>
<dc:creator>AFP</dc:creator>
<media:keywords>Ghana, Accra, West Africa, pandemic, Russia, Ukraine, Nana Akufo-Addo, Bank of Ghana</media:keywords>
</item>

<item>
<title>Zimbabwe&amp;apos;s inflation doubles in two months to 191%</title>
<link>https://nilechronicles.com/zimbabwes-inflation-doubles-in-two-months-to-191</link>
<guid>https://nilechronicles.com/zimbabwes-inflation-doubles-in-two-months-to-191</guid>
<description><![CDATA[ Inflation which was at 96.4 percent in April, crept up to nearly 200 percent as prices of cooking oil and bread are leaping higher as a result of Russia&#039;s invasion of Ukraine. ]]></description>
<enclosure url="https://nilechronicles.com/uploads/images/202206/image_750x500_62bddf5c5d094.jpg" length="49398" type="image/jpeg"/>
<pubDate>Sat, 25 Jun 2022 20:39:18 +0300</pubDate>
<dc:creator>AFP</dc:creator>
<media:keywords>Zimbabwe, Inflation, hyperinflation, South African, US dollar, Zimbabwean dollar</media:keywords>
</item>

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