Why GDP is your everyday life
By Ramathan Ggoobi Many people, especially non-economists, often wonder why economists emphasise GDP more than any other economic concept. It is not uncommon to hear people wondering, “Are we going…
By Ramathan Ggoobi Many people, especially non-economists, often wonder why economists emphasise GDP more than any other economic concept. It is not uncommon to hear people wondering, “Are we going…
Until you interface with the dynamics of the used-automotive business, you will not imagine the immense work opportunities that accrue along the value chain. The used car business in Uganda…
As part of this rationalisation effort, 33 agencies will be relocated to their respective parent ministries, while 35 agencies will be consolidated and merged into 19 entities, with 80 remaining semi-autonomous.
Uganda has ranked the highest growing financial market in East Africa, and maintained the fourth position on the African continent, according to the latest Absa Africa Financial Markets Index (AFMI)…
On February 6, 2024, Bank of Uganda released its Monetary Policy Statement for February 2024. In the document, the bank announced its decision to maintain the Central Bank Rate (CBR)…
The Minister of Tourism Wildlife and Antiquities (MTWA) Hon. Tom Butime has inaugurated members of Board of Directors for Uganda Tourism Board (UTB) at a handover ceremony at Mestil Hotel…
Power costs in the island districts of Kalangala and Buvuma will significantly drop as islands get connected to the national power grid, says power regulator, the Electricity Regulatory Authority (ERA).…
Inflation is the general increase in the prices of goods and services in the country. It is typically measured by an annual percentage change in the price index such as…
The Bretton Woods institutions, namely the International Monetary Fund (IMF) and the World Bank, have historically provided financial assistance to countries in the global south, including Uganda and members of…
In a press briefing on Monday, January 29, 2024, Ramathan Ggoobi, the Permanent Secretary/Secretary to the Treasury, unveiled a robust update on Uganda’s economic performance and the fiscal trajectory for…