News

In the coming 12 months, various reputable sources have projected Uganda’s growth rate at between 4.7% and 6.8%. Taking the best scenario, economic growth will be faster than the sub-Saharan …

The recent announcement that Yaka meters will be phased-out by November 24, 2024 has stirred confusion among many Ugandans. The revelation has attracted questions about the implications and the necessary …

After the government’s bitter parting of ways with the Libyans over the running down of the former Uganda Telecom, just before Christmas it was announced that the rebooted Uganda Telecommunications …

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 …

By Mark Ruhindi There has been confusion amongst the business community arising from the changes in VAT compliance ushered in by the recent public notice by URA requiring VAT withholding …

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 …

Uganda has established an ambitious Energy Transition Plan to harness its significant energy and mineral reserves, stimulate economic growth, eradicate energy poverty and guide the nation towards a fair and …

According to Bank of Uganda, in the first half of this year, (January to June, 2023), both demand for credit and supply, either remained stagnant or declined. Interest rates slightly …