Economics

Absa Africa Financial Markets Index have ranked Uganda’s financial sector as the highest growing within the East African region. The financial index by Absa evaluates financial market development in 23 …

Beer in Uganda and elsewhere is an alcoholic drink that is usually associated with good times and celebrations. In May 2022, Nile Breweries Limited (NBL) officially announced that they shall …

When the Bank of Uganda raised the Central Bank Rate for September to 10 per cent from 9 per cent for August, this came as no surprise to many Ugandans …

Uganda has one of the most rapidly growing populations. Therefore, ensuring that young people have income-generating opportunities(businesses) is a core challenge for Uganda. Key to this will be providing these …

Some of the leading causes of currency depreciation are low export earnings (revenues accruing from commodities), the surge in impo The value of the Ugandan Shilling has continued to depreciate …

Uganda’s Court of Appeal on August 8th overturned a High Court decision directing the National Social Security Fund (NSSF) to reimburse Uganda Telecom (UTL) Ush14bn that was saved from the …

Bank of Uganda (BoU) increased the Central Bank Rate (CBR) by 50 points to 9 per cent from 6.5 per cent in May according to the monetary policy statement for …

Kenya’s forthcoming general elections are just days away. This highly anticipated event on Kenya’s political calendar is scheduled to take place on Tuesday, August 9, 2022. Kenyan voters will on Tuesday next …

The war in Ukraine has had a global ripple effect, it’s far-reaching impact has stretched out geographically to East Africa thus diminishing Uganda’s economic growth forecasts.   Considering the bitter fact …