Bank lending to businesses and households grew at the fastest rate in four years in January, even as policymakers sounded the alarm over weak credit to the trade sector and several service sub sectors
Sokowatch, the e-commerce platform that supplies and finances mom-and-pop shops across East Africa, has been named in Fast Company’s annual list of the World’s Most Innovative Companies for 2021
The end of the election season and preparations for a wider school return were behind a rebound in business sentiment last month, according to a monthly survey
Inflation in Uganda rose for the third time in as many months, pushed up by a slower decline in food prices, according to data from the Bureau of Statistics
Bank of Uganda said it was keeping its central bank rate unchanged and extending its credit relief and liquidity assistance measures for businesses and financial institutions for six months starting 1 April
British American Tobacco Uganda reported its strongest growth in profits in three years as cost-cutting measures in response to the Covid-19 pandemic more than made up for the hit to cigarette sales
The IPO is the first part of a company going public; public companies can access the stock market to raise money from investors in exchange for the promise of future profits and returns
Business activity in Uganda dropped for the first time in seven months in January due to the election period, with companies experiencing a slump in new orders and a decline in activity, according to a key survey
The Uganda government and Total, the French oil major, on Friday signed the host government agreement which will govern the East Africa Crude Oil Pipeline project
Low-cost air quality monitor designed by Makerere University was optimised to help African cities, with limited resources and poor infrastructure, to measure and track air pollution trends