Ugandans may be enjoying some relief at food markets, but a sharp rise in fuel prices is creating a new economic challenge that could affect transport costs, business operations, and …
-
Banking & SavingsBusinessEconomicsFinanceLatest NewsNews
Gold & Oil: BoU’s Secret Strategy to Protect the Shilling from a Strong US Dollar
As the US dollar continues to strengthen and geopolitical tensions unsettle global markets, many emerging economies have watched their currencies come under intense pressure. Across Africa, countries such as Ghana …
-
For many Ugandan households, the cost of living has become one of the country’s greatest economic puzzles. A good harvest is expected to lower food prices. Falling global oil prices …
-
EconomicsLatest NewsNational NewsNews
UBOS: Uganda’s Economy Hits a Speed Bump as Growth Falls from 8.5% to 5.8%
For much of the past three years, Uganda’s economy has been one of East Africa’s standout performers. Massive infrastructure projects, preparations for first oil production, expanding industrial activity, strong agricultural …