Uganda, May 2 -- Prices of major goods are beginning to increase again, threatening a recovery in purchasing power and economic growth. In the 12 months to April, Uganda Bureau of Statistics (Ubos) d... Read More
Uganda, April 29 -- At least three-thirds Uganda's coffee is exported by just 10 companies, according to Uganda Coffee Development Authority (UCDA). Data contained in the monthly UCDA Coffee Report i... Read More
Uganda, April 27 -- The World Bank's forecasts for commodity prices in 2024 have indicated that Brent crude oil prices will average $84 per barrel in 2024 before declining to an average of $79 in 2025... Read More
Uganda, April 26 -- Citibank has told government to stick to approved budgets and stop the habit of having supplementary budgets. Such requests, Citibank argues, distort budget planning and lead to e... Read More
Uganda, April 25 -- The International Monetary Fund has expressed worries that the cost of borrowing, both domestically and externally, has increased and continues to be elevated for many African coun... Read More
Uganda, April 16 -- The government has said the harmonised wage bill for the Financial Year 2024/25 is Shs7.513 trillion based on the audit report on wage harmonisation. The Permanent Secretary in th... Read More
Uganda, April 12 -- About 60 percent of Ugandans are saving formally and informally, according to a 2023Finscope survey. This is a 6 percent increase, up from 54 percent in 2028, meaning Ugandans are ... Read More
Uganda, April 11 -- Growth in shilling-denominated loans moderated to 9.1 per cent in April down from 9.6 per cent in the quarter that ended February 2024, according to the State of the Economy report... Read More
Uganda, April 11 -- Uganda's foreign exchange reserves decreased by $490m in the six months to January, according to Bank of Uganda. The decline was due to mounting external debt repayments and the i... Read More
Uganda, April 9 -- The Bank of Uganda (BoU) yesterday moved to raise its Central Bank Policy Rate to 10.25 percent to control an expected rise in inflation and interest rates as well as maintain stabi... Read More