How Has Uganda Invested Borrowed Money?
As at the end of December 2023, Uganda’s total public debt stood at Shs93.38 trillion, equivalent to USD 24.69 billion. Of this amount, external debt was Shs55.37 trillion equivalent to…
As at the end of December 2023, Uganda’s total public debt stood at Shs93.38 trillion, equivalent to USD 24.69 billion. Of this amount, external debt was Shs55.37 trillion equivalent to…
Uganda’s coffee exports for the financial year 2023/24 have achieved an unprecedented milestone, reaching an all-time high of USD 1.14 billion. The Uganda Coffee Development Authority (UCDA) reports that these…
Uganda’s economy has fully recovered from various shocks, crises, and “false alarms” that brought it to its knees, the Finance Ministry has announced. “You recall that when Covid-19 happened, leaders…
Dfcu Bank has announced a significant dividend payout, totaling 6.8 billion shillings to its shareholders for the financial year ended December 31, 2023. This announcement was made during the bank’s…
Uganda’s efforts to ensure competitive fuel prices at the pump are far from yielding results as Kenya increases the Vitol terminal bond fee to USD 40 million. Last year, Ugandan…
Artificial Intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems. In simple terms, it is the science of making machines that can think like humans.…
Uganda has taken a significant step in securing its energy independence with the arrival of its first oil consignment imported directly by the Uganda National Oil Company (UNOC) from the…
The Uganda Revenue Authority (URA) is anticipated to fall short of its revenue collection target for the financial year 2023/24, which is nearing its end. The projected domestic revenue for…
President Yoweri Museveni has said that the 2024 Uganda population census results, released on Thursday by the Uganda Bureau of Statistics (UBOS) confirm the country’s transition from a low-income country…
Uganda’s coffee exports experienced a significant 22% surge in May 2024, totaling 553,529 60-kilo bags and generating USD 127.30 million. This comprised of 473,693 bags of Robusta valued at USD…