Economy

Economy

Nine interesting things that came out of the first EAC Industrial Competitiveness Report

The recently released 2017 East African Community Industrial Competitiveness Report reflects on the region's focus on increasing manufactured goods, the current performance of manufacturing in the region, and the competitiveness of each country's manufacturing sector compared to its peers and globally
Economy

Uganda inflation falls to 32-month low

A slowdown in the rise of food prices was responsible for the drop in the increase of Uganda consumer prices in November to their lowest level since March 2015, according to figures from the statistics bureau
Woman selling food in a market
Economy

2017 was a year of consolidation in the banking sector – Kasekende

Many of the problems facing the banking industry today can be more effectively solved if banks cooperate to pool resources and realise economies of scale and thereby reduce costs
Economy

Private sector activity growth falls for third consecutive month

Activity in Uganda's private sector eased in October as political events in export destinations decreased new business from abroad
Economy

Uganda consumer prices rose 4.8% in October

Uganda consumer prices rose in October by the least in eleven months, as a slowdown in education fees brought down services inflation
A teacher and pupils in a classroom
Economy

Export earnings surge in 2016/17 coffee year

Uganda's earnings from coffee exports increased 66.7% in the year ended September 2017, which also marks the Uganda Coffee Development Authority's coffee year
Economy

Private sector lending growth picks up in August

Uganda's private sector credit extension grew 6.2% in August from the same month in 2016, accelerating from July's 5.7%
Logos of Uganda's commercial banks
Economy

Africa’s growth will be stronger than in 2016, World Bank says

Growth in sub-Saharan Africa will be stronger this year with the rebound led by the region's largest economies, the World Bank said on Wednesday
Economy

Taking stock of Uganda’s economy 55 years after independence

Uganda's economy has seen many changes in the past 55 year, affected by periods of political instability, civil war, fluctuating global commodity prices, and various economic reforms. Trends in recent years are positive, but key challenges remain
Clothes stalls in downtown Kampala
Economy

Growth in private sector activity dips in September as new export orders rebound

Activity in Uganda's private sector dipped slightly in September, a survey of business managers shows
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