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Politics & Policy
Central Bank governor responds to criticism of BoU management
Bank of Uganda's governor says claims that the Bank or its management are guilty of incompetence and are no longer up to the task of executing its constitutional mandate are not supported by evidence and should be treated with contempt
April 5, 2018
Economy
Politics & Policy
Understanding the informal sector in Kampala
The informal sector in Kampala is not black and white: it is not simply a regulatory issue and it is not a major reservoir of entrepreneurial talent. Put simply, most informal firms don’t make enough to pay tax and are unlikely to grow
April 2, 2018
Economy
Politics & Policy
Moody’s maintains Uganda’s credit rating
Moody’s Investors Service maintained its appraisal of Uganda's debt, citing its favourable medium-term economic prospects supported by an increase in infrastructure investment
March 26, 2018
Economy
Politics & Policy
Government and KCCA should step up to steer greater Kampala’s growth
Kampala's growth challenge, according to the World Bank report, is upgrading its economy by improving the productivity of its population, businesses, and industries. It must create the right kind of jobs in sectors which will encourage industrialization and economies of scale
March 26, 2018
Politics & Policy
Independent arbitration center to reduce costs and time in commercial disputes – Kasekende
The Alternative Dispute Resolution Framework for the banking and financial sector will help to expedite justice with respect to commercial law in Uganda through two channels. It will offer an opportunity for litigants to settle commercial disputes without going through the commercial courts, and thereby much more quickly and almost certainly at much lower costs
March 23, 2018
Politics & Policy
5 things about the African Continental Free Trade Agreement
Forty-four member states of the African Union have signed the African Continental Free Trade Agreement which aims to create a single continental market for goods and services, with free movement of people and capital, paving way for the establishment of a customs union
March 22, 2018
Digital Economy
Economy
Politics & Policy
High lending costs to informal sector keeping credit costs up – Kasekende
Standard Chartered's socio-economic impact report estimates that its lending supported value-added of 3.5% of GDP and almost half a million jobs in 2016
March 21, 2018
Companies
Politics & Policy
Government to continue with tax case against BAT Uganda
The government will continue pursuing a tax case against British American Tobacco Uganda, William Byaruhanga, the attorney general told Parliament on Tuesday
March 14, 2018
Politics & Policy
40% of Uganda’s health centres don’t stock drugs to treat chronic diseases
Studies have shown that essential medicines used to treat non-communicable diseases are still poorly accessible to populations in low and middle income countries, yet these are where cases of non-communicable diseases such as cardiovascular disease, and diabetes are rising dramatically.
March 6, 2018
Companies
Politics & Policy
Chinese firm wants $33m for termination of Kilembe mines deal
Tibet Hima Mining Company, the embattled Chinese company whose 25-year to operate the cobalt and copper Kilembe mines in Kasese district was cancelled last October, is seeking at least $33m in damages
March 1, 2018
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