The soaring numbers can be attributed to the full reopening of key tourism source markets, including Europe, North America, Asia, China, Japan and Africa. Africa continued to be the primary …
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Latest NewsNewsOpinions
Infiltration of substandard goods; Consumers and Local Manufacturers are at risk
The production and sale of counterfeit goods is a global, multi-billion-dollar problem with serious economic and health consequences for the Government, businesses and consumers. Ugandan local companies lose up to …
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Industry & TradeLatest NewsManufacturingNews
Uganda International Trade Fair sets stage for digital transformation
Uganda will, from October 3-10, 2023 host the 29th Uganda International Trade Fair at the UMA Show Grounds, Lugogo under the theme, “Driving Manufacturing and Trade Efficiency through Digital Transformation …
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If one were to get the true picture of how much Ugandans spend in the pursuit of ‘a good time’, between Friday evenings and early Monday mornings, it might cause …
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Latest NewsNewsReal Estate
Uganda’s 2.4M Housing Deficit: A Challenge for Decent Housing, Home Ownership
The dream of homeownership for many Ugandans remains a formidable challenge as the nation grapples with a staggering housing deficit of 2.4 million housing units. This deficit casts a shadow …
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Latest NewsNewsRegional NewsTechnologyTelecoms
Examining The Future Of Mobile Roaming In East Africa
The East African region communications sector regulators have resolved to reassess the implementation of the One Network Area (ONA) framework for roaming charges in order to address the emerging issues. …
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Uganda registered the highest coffee exports ever with 743,517; 60-kilogramme bags worth 121.64 million dollars in August 2023, the Uganda Coffee Development Authority (UCDA) has announced in its monthly report …
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Two private businesses, Biyinzika Enterprises and Dei Group of Companies, have recently had their assets advertised in the newspapers destined for public auctions. This happens when borrowers have defaulted on …
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The Uganda National Roads Authority (UNRA) is operating with a debt of 629.1 billion shillings as a result of an unreleased portion of funds for the 2021/22 and 2022/23 financial …
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ASSESSMENT OF ECONOMIC PERFORMANCE AND OUTLOOK Economic Performance Inflation and Interest Rates Burundi—28.9% DR Congo—26.7% Rwanda—17.3% Kenya—6.7% South Sudan—5.6% Tanzania—3.3% (the lowest in the region). Private Sector Credit Growth External …