Sanctions have wide-ranging implications, affecting not only the banks you interact with but also your children, partners, and business colleagues, and travel restrictions.
One of the primary concerns is the rise of digital monopolies and the dominance of a few tech giants, which can stifle innovation and limit consumer choice, these need to be kept in check.
Some banks have reported growth in profits, while others have experienced declines, often coupled with increased provisioning for potential bad and doubtful debts.
United Arab Emirates is one of the top destinations for Uganda’s exports, including gold and fresh organic foods. Uganda’s exports to UAE have risen from $300 million in 2018 to $2 billion by.