Politics & Policy

Politics & Policy

What China’s President Xi’s extended tenure means for Africa

For the foreseeable future, Africa’s engagement with China will be shaped by Xi’s vision. This makes it important to unpack exactly what that vision is
EconomyMarketsPolitics & Policy

Crane Bank was bankrupt when taken over by BoU: Kasekende

Bank of Uganda's deputy governor Lois Kasekende says the successful resolution of Crane Bank in January 2017 is the main reason for the improvement in financial soundness indicators of the banking system last year
OpinionPolitics & Policy

Kasekende says bulk of start-up finance should be mobilised by owners

Keynote address by Louis Kasekende (PhD), Deputy Governor, Bank of Uganda at the Stanbic Bank Enterprise Conference 05 April 2018 ...
Politics & Policy

Central Bank governor responds to criticism of BoU management

Bank of Uganda's governor says claims that the Bank or its management are guilty of incompetence and are no longer up to the task of executing its constitutional mandate are not supported by evidence and should be treated with contempt
Officials seated around a conference table during a press briefing
EconomyPolitics & Policy

Understanding the informal sector in Kampala

The informal sector in Kampala is not black and white: it is not simply a regulatory issue and it is not a major reservoir of entrepreneurial talent. Put simply, most informal firms don’t make enough to pay tax and are unlikely to grow
EconomyPolitics & Policy

Moody’s maintains Uganda’s credit rating

Moody’s Investors Service maintained its appraisal of Uganda's debt, citing its favourable medium-term economic prospects supported by an increase in infrastructure investment
A highway in Southwestern Uganda
EconomyPolitics & Policy

Government and KCCA should step up to steer greater Kampala’s growth

Kampala's growth challenge, according to the World Bank report, is upgrading its economy by improving the productivity of its population, businesses, and industries. It must create the right kind of jobs in sectors which will encourage industrialization and economies of scale
Downtown Kampala
Politics & Policy

Independent arbitration center to reduce costs and time in commercial disputes – Kasekende

The Alternative Dispute Resolution Framework for the banking and financial sector will help to expedite justice with respect to commercial law in Uganda through two channels. It will offer an opportunity for litigants to settle commercial disputes without going through the commercial courts, and thereby much more quickly and almost certainly at much lower costs
Politics & Policy

5 things about the African Continental Free Trade Agreement

Forty-four member states of the African Union have signed the African Continental Free Trade Agreement which aims to create a single continental market for goods and services, with free movement of people and capital, paving way for the establishment of a customs union
Digital EconomyEconomyPolitics & Policy

High lending costs to informal sector keeping credit costs up – Kasekende

Standard Chartered's socio-economic impact report estimates that its lending supported value-added of 3.5% of GDP and almost half a million jobs in 2016
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