TotalEnergies, the French energy group, and the China National Offshore Oil Corporation have announced the long-awaited final investment decision for Uganda’s oil projects, collectively referred to as the Lake Albert Development Project
Declines in transport costs, resulting from the relaxation of Covid-19 lockdown measures, and the prices of alcohol, tobacco, and narcotics led to a fall in Uganda’s inflation in January
Dfcu Group warned Friday its full-year earnings for 2021 will fall by as much as 25 per cent on an increase in loan-loss provisions and the impairment of some assets acquired from Crane Bank
Mr Tumusiime-Mutebile passed away at the Nairobi Hospital on Sunday, 23 January 2022 at about 05:00
The public service ministry recommends merging three separate companies charged with electricity generation, transmission and distribution into one state owned company. A fourth, the Rural Electrification Agency, would be placed directly under the energy ministry
Uganda’s private sector posted its fourth month of consecutive growth as strong orders incentivised companies to increase staffing levels for the first time in six months
Uganda’s inflation rose to an eight-month high in November, largely due to price increases for food crops and the operation of personal transport equipment
Recent reports by the World Bank and the IMF claim, wrongly, that informal economies undermine efforts to boost tax income and economic growth
Ugandan coffee exports rose in September amid a bump in robusta yields, according to the Uganda Coffee Development Agency
The Bank of Uganda kept its key policy rate unchanged to provide more economic stimulus amidst volatile demand, sluggish private sector borrowing, and the effects of coronavirus restrictions to key sectors