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Economy
Politics & Policy
Bank of Uganda holds primary rate constant
The Bank said the decision is consistent with its neutral monetary policy stance and is in line with keeping core inflation close to the medium-term target of 5% while supporting economic growth
August 13, 2018
Economy
Uganda’s trade deficit widened in June at fastest rate in four months
A decrease in exports even as imports increased was responsible for the widening of Uganda's trade deficit in the month of June, according to data from the Bank of Uganda.
August 8, 2018
Economy
Uganda private sector activity growth gauge unchanged in July
Business conditions in Uganda's private sector continued expanding in July, with activity expanding at a rate unchanged from June, according to a survey of purchasing executives.
August 3, 2018
Economy
Consumer inflation rises for second month in row
Uganda's annual headline inflation rate increased for the second consecutive month in July, mainly as a result of new taxes on social media and mobile money and higher car prices
July 31, 2018
Economy
Politics & Policy
Fitch Ratings maintains Uganda’s B+ rating
The third major credit rating agency, Fitch Ratings, has maintained its assessment of Uganda's capacity and willingness to honour its debt obligations, a decision it said was supported by the country's strong growth outlook and relative macroeconomic stability
July 30, 2018
Economy
Politics & Policy
Central Bank had to take over Crane Bank – Governor Mutebile
The intervention in Crane Bank, was the most difficult of these interventions and the one which was potentially the most problematic, because it was a large bank of systemic importance, and because of the huge magnitude of the losses it had incurred
July 18, 2018
Economy
Opinion
Politics & Policy
Kenya’s Perfect Storm
Annual rains have hit Kenya especially hard this year, causing havoc in the capital. But there is a silver lining amid the gloom: weather-related infrastructure challenges have pushed bureaucrats to tackle old issues like corruption and mismanagement with a renewed sense of urgency
July 13, 2018
Economy
Bank lending strengthens further
Bank of Uganda's record low policy rates could finally be having their desired effect on commercial bank loan advances, if the latest data is anything to go by
July 11, 2018
Economy
Uganda’s trade deficit hits four-month low in May
Uganda's merchandise trade deficit eased to its lowest in four months in May following a fall in government project imports and a bump in outward shipments
July 6, 2018
Economy
Business conditions stay strong in June
Business conditions in the private sector continued improving in June, buttressed by a widening customer base that lifted the demand for goods, according to IHS Markit's Purchasing Manager's Index
July 4, 2018
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