The Ministry of Finance Planning and Economic Development has revised the budget estimates for the financial year 2024/25 upwards from 52.7 trillion shillings to 53.3 trillion shillings.
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EconomicsLatest NewsNews
Can Uganda’s Competition Act 2023 propel fairness, innovation, and consumer protection?
Uganda has been engaged in discussions about a law addressing competition since 2004. However, this process underwent continuous revision. On May 25, 2023, Uganda passed the Competition and Consumer Protection …
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On February 23, 2024, the Financial Action Task Force (FATF) announced a list of jurisdictions under increased monitoring, commonly referred to as the “grey list.” These jurisdictions are actively collaborating …
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The Financial Action Task Force (FATF), a global body mandated to lead action to counter threats of abuse of the financial system by criminals and terrorists has today Friday, February …
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EconomicsLatest NewsNewsRegional News
Uganda ranks in top 11 African economies outpacing rest of the world
At the headquarters of the African Development Bank (AfDB) in Abidjan recently, there were broad smiles, (and nothing to do with Afcon), at the revelation that Africa will account for …
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AgricultureBanking & SavingsLatest NewsNewsPeople
How dfcu Bank is bolstering Uganda’s Agricultural Value Chain
This year, dfcu Bank marks 60 years of existence and offering financial solutions to its customers across Uganda. Over the years, the Bank has been at the forefront of creating …
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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 …
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Banking & SavingsFinanceLatest NewsNews
Uganda ranked highest growing financial market in East Africa, 4th In Africa
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) …
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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) …
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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 …