Economy

CommoditiesEconomy

October coffee exports surge 38% as arabica earnings double

Uganda's coffee exports jumped 38 per cent in October, driven by an abundant harvest and surging arabica prices that more than doubled earnings from the premium bean
Jute bags containing coffee beans in a café storage area
AgricultureCommoditiesEconomyEnvironment

Ugandan agriculture exports face €2.75bn threat as EU tightens traceability rules

Shared-cost models between buyers and suppliers emerge as Uganda's best hope for meeting EU traceability standards that threaten access to lucrative coffee markets
Coffee beans being inspected in rural ugandaA man inspects coffee beans on a drying bed in a rural area Uganda; next to him are three other men
EconomyEnergy, Oil & GasOpinion

Michael Atingi-Ego’s keynote speech at the 6th National Content Conference

Bank of Uganda governor charts Uganda's path from $50bn to $500bn economy, anchored in oil-funded transformation and intergenerational equity
A man in a business suit delivers a speech from behind a lectern.
Economy

Private sector growth accelerates in November

Business conditions in Uganda's private sector strengthened in November, with growth accelerating for the second time in three months, according to a closely watched survey
A high view of a large storage area with various racks and containers
AgriculturePolitics & Policy

Uganda wins three-year seat on UN industrial development board

The board oversees implementation of the organisation's work programme and budgets, and makes recommendations on policy matters, including the appointment of the director-general
A woman harvests coffee berries in Yangambi, DR Congo
AgricultureEnvironment

Factory farming’s African expansion threatens pastoral traditions and climate goals

Africa's traditional pastoral livestock farming, a centuries-old lifeline, is being supplanted as development banks pivot funds towards industrial, mass-scale production
A herd of cows standing side by side in pens in a barn.
Economy

Manufacturer prices hold steady as decline in electricity prices slows

A gauge of industrial producer prices continued to accelerate in October as manufacturer prices firmed and the pace of decline in electricity prices moderated
Electricity infrastructure in Pemba, Tanzania. In May 2010, a submarine cable brought electricity from Tanga to Pemba (and on to the mainland). The cable was buried in the picturesque surroundings of Mkumbuu; three metres into the ground before rising to a mast about 120 metres from the water's edge. The cable continues to the Wesha substation, where "feeders" distribute the power to the island's grid. Norway paid NOK 475 million (out of a total cost of NOK 575 million). Norway also provided technical assistance to the project. The cable is now operated and maintained by the Zanzibar Electricity Corporation (ZECO).
Digital EconomyEconomyTechnology sector

Bank of Uganda governor’s speech at the 2025 Kampala Blockchain Summit

Governor addresses stablecoin risks of monetary substitution and foreign exchange exposure, and outlines path from regulatory uncertainty to clear framework
Michael Atingi-Ego, governor of the Bank of Uganda, addresses the 2025 Kampala Blockchain Summit.
Economy

Inflation falls for second consecutive month to 3.1%

Inflation slowed to 3.1 per cent in November, reflecting a cooldown in the prices of food items and crops, according to figures from the Uganda Bureau of Statistics
Statistics House in Kampala, headquarters of the Uganda Bureau of Statistics
Economy

Africa’s debt crisis demands more than G20 declarations

African nations are trapped: spending more on debt servicing than on health or education, whilst climate shocks compound their struggles. South Africa's G20 tenure has highlighted the crisis, but substantive solutions remain elusive
President Cyril Ramaphosa leads South African delegation to virtual G20 Leaders' Summit in November 2020
Previous 123456…47 Next