Africa’s steady growth conceals widening economic divide, IMF says
Africa’s steady growth masks divergent fortunes, with commodity gains supporting exporters while debt costs and aid cuts constrain spending
Uganda Business News
What the Bank of Uganda’s rise to 12 per cent means for the shilling, fuel and loans
How the Bank of Uganda’s increase in its policy rate to 12 per cent could affect the shilling, pump prices, and existing loans and savings
Research links Busoga hunger to sugar contracts held mainly by men
Sugar mills in Busoga recruit through male household heads, and a doctoral study in Jinja and Buyende links the practice to household hunger
Bank of Uganda raises benchmark rate to 12 per cent at special meeting
Uganda’s central bank lifted its rate to 12 per cent, the largest increase since 2011, and raised its inflation forecasts as the shilling weakened
Pope Leo’s diagnosis highlights rising lung cancer among people who never smoked
Pope Leo XIV’s lung cancer has renewed attention on risk factors beyond smoking, from radon and air pollution to family history, says a US oncologist
Uganda ranks fourth in Absa’s markets index, held back by pensions and depth
Uganda is the only one of 26 African countries scored in both years to lose ground in Absa’s financial markets index since 2022, as Kenya and Ghana close in
AU-backed rating agency seeks $15mn for two-thirds of itself
AfCRA’s only shareholder is run by its interim chief executive, and its prospectus implies a $22.5mn value for the agency
Anthropic report shows AI scaling cyberattacks and influence campaigns in Africa
Interpol says 55 per cent of reported cybercrime in Africa is AI-enabled, and an ISS analyst argues governments need AI usage rules and shared threat intelligence
Stigma keeps Ugandan pupils from seeking help for mental illness
Researchers say stigma, poverty and gender norms must be tackled before Uganda’s 2025 school mental health guidelines can work in classrooms
Shilling opens past Shs4,150 as Bloomberg reports offshore selling of bonds
The shilling has lost 12.8 per cent this year, and Absa and Alpha Capital Partners name offshore selling, corporate dollar demand and energy costs