Stanbic Uganda Holdings Limited: Board Appointment
Stanbic Uganda Holdings Limited is pleased to announce the appointment of Mr Norbert Kagoro as an Independent Non-Executive Director
Uganda Business News
Mpox outbreak could become pandemic
There have been 15,132 confirmed cases of mpox in 16 African countries since the beginning of 2024, with six new countries affected in just 10 days
Raising revenue from land: what African cities can learn from Hong Kong’s unique leasehold system
Often cited as a prime example of effective land value, Hong Kong uses a variety of land-based financing models that have proven effective in funding key public projects
Afreximbank and Uganda Development Bank sign project preparation financing agreement
The African Export-Import Bank and the Uganda Development Bank will work together on a Project Preparation Facility to assist public and private sector entities with early stage projects
Bank of Uganda’s Monetary Policy Statement for August 2024 — Full text
The central bank’s Monetary Policy Committee voted to reduce its benchmark interest rate by 25 basis points
BoU cuts rates, lowers inflation forecast
The Bank of Uganda cut its benchmark interest rate, the first easing since March when borrowing costs were raised in response to the sharp depreciation of the shilling
Business activity edges higher in July
Uganda’s private sector grew at a faster pace in July as output and new orders picked up for the fourth month running, according to a closely watched business survey
Uganda and Kenya protests highlight corruption at the very top, which happens to be the most difficult to fight
Political corruption destroys the incentives of those in power to curb corruption and persists because it keeps the regime afloat, a function that extends beyond mere personal gain
Inflation rate accelerates as underlying price pressures mount
Consumer prices accelerated for the third consecutive month in July, largely due to an in increase in the price of services, the statistics bureau said Wednesday
TotalEnergies buys stake in Bujagali hydropower plant
TotalEnergies agreed to buy a minority stake in the Bujagali hydropower project from Norwegian energy company Scatec