Uganda runs a mixed economy with the private sector playing a dominant role in terms of asset ownership and development potential. As a result, economic growth is linked closely to …
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AgricultureEconomicsIndustry & TradeLatest NewsNews
What Uganda’s coffee export surge means for the economy?
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 …
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MTN Uganda has assured investors that MTN mobile money remains a part of the publicly listed company. It highlighted that new investors who acquired shares during the secondary offer that …
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Banking & SavingsFeaturesIndustry & TradeLatest News
Minister Hails Stanbic Bank for Amplifying Fight Against Menstrual Poverty.
The State Minister for Kampala and Metropolitan Affairs, Kabuye Kyofatogabye, has commended Stanbic Bank for its unwavering commitment to addressing community challenges such as menstrual poverty in the Kampala metropolitan …
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EconomicsIndustry & TradeLatest News
Has Uganda’s economy bounced back from COVID-19 & other crises?
After four years of grappling with the economic shocks caused by COVID-19 pandemic and other crises, Uganda’s economy is on path to recovery. The pandemic severely disrupted key sectors such …
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Uganda’s annual inflation as measured by the Consumer Price Index (CPI) for the 12 months to May 2024 increased to 3.6 percent compared to 3.2 percent registered in the year …
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EconomicsFinanceIndustry & TradeLatest News
How businesses can navigate financing landscape amidst high interest rates
The high cost of borrowing significantly affects many Ugandan businesses, presenting substantial challenges to their operations and growth. High interest rates increase the expense of securing capital, complicating efforts to …
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Uganda’s business landscape is marked by a blend of optimism and challenges. While many entrepreneurs and investors have decried the skyrocketing cost of doing business, the government shows a positive …
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FinanceIndustry & TradeLatest News
Why companies should consider listing on the Uganda Securities Exchange
Listing on the Uganda Securities Exchange (USE) is a significant milestone for a company, representing a transition from a privately held entity to a publicly traded one. The USE is …
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FinanceIndustry & TradeLatest News
Govt targets $500B economy in 10 years via industrialization, tourism
In January 2024, President Yoweri Museveni announced that government was drafting a strategy to expand Uganda’s Gross Domestic Product (GDP) ten times from USD 50 billion (financial year 2023/24) to …