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Economy
Inflation hits one-year high in February
Annual headline inflation rose to 6.7% for the year ended February 2017, up from 5.9% in January. This was on the back of higher food prices, with annual food crops inflation rising to 18.8% from 14.5% in January.
February 28, 2017
Politics & Policy
Is China displacing traditional aid donors in Africa? The evidence suggests not
In research recently published, I draw on new evidence to test the claim that China is eroding the bargaining power of traditional donors in Africa.
February 28, 2017
Companies
Top 100 Taxpayers
Company profile: Cipla Quality Chemicals Industries Ltd
The drugmaker was established in 2005 as a joint venture between Cipla Limited and Ugandan businessmen. In a government-brokered partnership, Cipla Ltd - one of the world’s leading pharmaceutical manufacturers - joined with a local firm, Quality Chemicals Ltd (QCL), to manufacture antiretroviral and antimalarial drugs locally.
February 25, 2017
Companies
Corporate earnings and results
Vision Group sees revenue fall on reduced circulation and low economic activity
A decline in revenue from commercial printing and circulation was the biggest contributor to the fall in net profit of New Vision Printing and Publishing Company Ltd in the half year to 31 December 2016, unaudited results released on Friday show.
February 24, 2017
Companies
Movers & Shakers
Standard Chartered names new CEO as Kasekende moves to Zambia
Standard Chartered Bank has a new chief executive officer, who is replacing Herman Kasekende, who is moving to the bank's subsidiary in Zambia. Albert Saltson - Mr Kasekende's successor - has been the chief executive of Standard Chartered in Gambia
February 21, 2017
Politics & Policy
EU concerned over low social services spending, domestic borrowing
As development partners, we are committed to supporting Uganda’s efforts to generate private sector growth and decrease reliance on external funding. We have concerns however about whether the proposed budget is compatible with that scenario.
February 20, 2017
Press Releases
Stanbic Bank Uganda launches the 2017 Stanbic National School Championships
Stanbic Bank Uganda has launched the 2017 ‘Stanbic National Schools Championship’, an exciting competition that will see over 3,000 students from 40 secondary schools participate in a series of educational activities from class debates, quiz competitions and dynamic group projects.
February 20, 2017
Corporate earnings and results
Markets
BAT Uganda profits fall 25% as tax bites
British American Tobacco Uganda on Friday reported a 25% decline in net profit for the year ended December 2016, which it blamed on excise-driven price increases and a tough economy that led to a fall in disposable incomes.
February 17, 2017
Companies
Bukedde recovery continues in Q4, while English dailies decline
The trend is unchanged from the previous quarter; while Uganda's two leading English-language dailies recorded drops in circulation, Bukedde - the Luganda daily published by Vision Group - sold more copies than in the previous period.
February 17, 2017
Economy
Bank of Uganda cuts policy rate by 0.5%
Bank of Uganda on Wednesday lowered the central bank rate by 0.5% to 11.5% from the 12% set in December.
February 15, 2017
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