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Economy
Uganda signs Shs500b AfDB loan for Busega-Mpigi expressway
The finance ministry has signed two loan agreements with the African Development Bank (AfDB) to finance the construction of the 23.7 kilometre Busega-Mpigi Expressway project and rehabilitation of its auxiliary road to Rwanda.
December 29, 2016
Politics & Policy
EU gives government Shs29 billion to strengthen transparency
The European Union (EU) and the finance ministry signed an agreement to support the third phase of the financial management and accountability programme, which aims to improve accountability, and transparency in managing public resources.
December 29, 2016
Politics & Policy
Government chief executives should be paid in a uniform manner — COSASE
There are big discrepancies in the salaries of the chief executives of parastatals, authorities and commissions arising from the legal frameworks which set up the entities, according to a report passed by Parliament last week
December 28, 2016
Economy
Coffee exports and earnings rise in November
Uganda's coffee exports in November 2016 were 408,027 60-kilo bags worth $50.41 million, a 64% increase in volume and 101% rise in value compared to the same period in the previous year, according to official figures.
December 23, 2016
Energy, Oil & Gas
Parliament gives approval for $103 rural electrification loans
Parliament on Wednesday approved two motions that allow the government to borrow $102.88 million for rural electrification projects. The government will borrow $91.5 million from the World Bank and $11.32 million from Kuwait.
December 8, 2016
Economy
Bank of Uganda governor expects “small rise” in GDP growth
The prospects for macroeconomic stability in the near to medium term are currently very good, according to the central bank governor. Economic growth in 2017 will be "close to the economy’s medium term potential growth of 5%," he said.
December 5, 2016
Monthly Brief
Monthly Brief: November 2016
This brief is a roundup of most important political and economic developments that happened in November 2016.
December 5, 2016
Opinion
African debt capital markets resilient in face of growth challenges
Debt capital markets across Africa have remained robust despite macroeconomic and political challenges presented, indicating their growing maturity and depth - along with their ability to develop solutions in the face of volatility and change.
December 1, 2016
Economy
Food prices drive rise in headline inflation in November
Inflation for the year ended November 2016 rose to 4.6% from 4.1% the previous month, the first increase since July, while core inflation - a key measure targeted by the Bank of Uganda - rose for the second consecutive month to 5.2%.
November 30, 2016
Energy, Oil & Gas
Electricity Regulatory Authority gets acting chief executive
Ziria Tibalwa Waako has been appointed as acting chief executive officer of the Electricity Regulatory Authority, replacing Benon Mutambi who was recently moved to the Ministry of Internal Affairs as permanent secretary.
November 30, 2016
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