The Deposit Protection Fund of Uganda (DPF), a government agency that provides deposit insurance to customers of deposit-taking institutions licensed by Bank of Uganda has initiated the process of refunding…
Uganda’s main electricity distribution company, Umeme Limited is investing USD 35 million approximately 130 billion despite its concession coming to an end in 2025. In 2022, government notified Umeme that…
In December last year, the Minister of State for Finance Minister in charge of General Duties, Henry Musasizi tabled before Parliament, the budget estimates/ the national budget framework paper for…
As the world approaches the midpoint of a decade meant to bring about significant development changes, the global economy is on track to achieve an unfortunate milestone by the close…
After unending trade wars and unpredictable market access for Uganda’s dairy products in the East African regional neighbours, especially Kenya, the country has widened the search for market in the…
For any investor to make a final decision to put their money on ground, they strike a delicate balance between opportunity and risk, carefully weighing potential returns against the possibility…
According to the latest Auditor General’s Report for the financial year ended 30th June 2023, the total public debt as at 30th June, 2023 stood at 96.168 trillion shillings, comprising…
Power regulator, the Electricity Regulatory Authority (ERA) has announced a reduction of the electricity tariffs for the first quarter of 2024 by a weighted average of 1.6% compared the previous…
Despite the restrictive credit, monetary and fiscal conditions from both the domestic and external economic environments, which have constrained aggregate demand, the economy remains resilient, says Bank of Uganda. The…
Uganda has filed a case against Kenya at the East African Court of Justice over Kenya’s refusal to grant a license to Uganda National Oil Company (UNOC) to operate in…