Economy

Economy

Bank of Uganda puts brakes on monetary easing as economy improves

Before Friday's decision, the Bank of Uganda had reduced its policy lending rate in each of its past eight meetings going back to April 2016
Bank of Uganda's head office in Kampala.
Economy

Uganda inflation falls for second straight month

The Uganda Bureau of Statistics attributes the drop in July's Annual Headline Inflation to a decline in the prices of food crops
Economy

URA misses revenue collection target for 2016/17, but collects Shs1 trillion more

The Uganda Revenue Authority missed its revenue collection target in 2016/17 due to slow economic growth and low import volumes
Economy

Coffee receipts up 43% year on year in May

The May figures represent a 72.24% increase in value compared to the same period last year
Woman with a hand full of coffee beans
Economy

BoU cuts policy lending rate further to support economic recovery

The central bank's decision to cut its policy lending rate was influenced by the slowdown in economic growth
Officials seated around a conference table during a press briefing
Economy

Standard & Poor’s maintains Uganda’s credit ratings

The rating's agency cited Uganda's solid growth prospects on the back of high spending on infrastructure projects in its decision
Aerial photo of the Karuma hydropower project
Economy

Works and education get lion share in industrialisation budget

The finance minister said the government will focus on addressing recent challenges to the economy, such as the slow growth of average income, rise in unemployment, and the effects of droughts and land fragmentation on agricultural productivity.
Uganda's minister of finance, Matia Kasaija
EconomyOpinionPolitics & Policy

What Uganda needs to do to manufacture more and crack export markets

Uganda needs to boost manufacturing and exports to realise the ambitions listed in its social and economic development plan.
Economy

Uganda’s economy grows at slowest rate in four years

Uganda's economy grew at an annual rate of 3.9% in the 2016/2017 financial year, the slowest rate in four years, with growth in all three main sectors slowing down compared to the previous year.
Economy

Inflation hits highest in 15 months, driven by food prices

Consumer price inflation for the year ended May 2017 rose to 7.2%, its highest level in 15 months, as the effects of a prolonged drought in parts of the country pushed up food prices.
Busy market in Kampala, Uganda
Previous 1…3839404142…47 Next