Browsing: Uganda economy
KAMPALA, Uganda — Uganda’s central bank has delivered a sharp monetary policy tightening, raising its benchmark interest rate to 12 per cent as a weakening…
ENTEBBE, Uganda — President Yoweri Museveni has rejected calls to use Uganda’s foreign exchange reserves to slow the depreciation of the shilling, arguing that the…
KAMPALA, Uganda — Uganda’s shilling has moved closer to the Shs4,000-per-dollar mark, with renewed demand for foreign currency putting pressure on the local unit. On…
KAMPALA, Uganda — Members of Parliament (MPs) have criticised the Uganda Electricity Distribution Company Limited (UEDCL) over mounting delays in connecting customers to the national…
KAMPALA, Uganda — For businesses that import fuel, machinery or raw materials, it is a statistic that may quietly save millions of shillings. For policymakers,…
KAMPALA, Uganda — Uganda has retained its position among the world’s low-income economies despite years of steady economic growth, underscoring the challenge of translating headline…
KAWEWETA, Uganda — Uganda’s Chief of Defence Forces, Gen. Muhoozi Kainerugaba, has declared that the Uganda People’s Defence Forces (UPDF) will not allow foreign interests…
KAMPALA, Uganda — The Uganda Registration Services Bureau (URSB) has deregistered 37,702 companies for failing to comply with statutory filing obligations, in one of the largest…
KAMPALA, Uganda — President Yoweri Museveni’s State of the Nation Address (SONA) has long functioned less as a moment of policy rupture than as a…
KAMPALA, Uganda — President Yoweri Museveni has issued a stern warning against corruption, non-performance and what he described as “parasitic leadership,” urging both public officials and…