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Economy
Politics & Policy
We are waiting for EAC’s decision on EPAs—EU
The European Union is likely to continue pushing the East African Community on the free trade agreements, the Economic Partnership Agreement (EPA), on which the five regional member countries maintained protracted differences.
May 12, 2018
Economy
Inflation drops further in April, due to lower fruit and sugar prices
Headline inflation rate dropped further in April to 1.8% from the 2.0% recorded for the year ended March 2018. Drop was largely attributed to the deceleration in annual food crop inflation.
May 3, 2018
Economy
IGAD states continue consultation on free movement of persons
Sources familiar with ongoing discussions told this website that “all other countries so far consulted (except Ethiopia) have been positive” about the protocol which seeks to loosen travel restrictions within boundaries of the IGAD countries.
May 2, 2018
Economy
Africa GDP growth to strengthen in 2018, says World Bank
Economic growth is rebounding in sub-Saharan Africa with the region's GDP projected to expand at the fastest rate since 2015, according to the World Bank
April 18, 2018
Economy
Politics & Policy
Lending growth still low despite BoU rate cuts
Bank lending to the private sector grew at a relatively restrained pace in February, even as the central bank cut its policy rate to its lowest level ever with the hope that loan approvals will increase, boosting economic growth
April 12, 2018
Economy
BoU keeps policy rate steady on low inflation and robust growth
The central bank maintained its policy rate at the same level as February 2018, saying its line with its goals of supporting economic growth and keeping inflation within target levels
April 9, 2018
Economy
Markets
Politics & Policy
Crane Bank was bankrupt when taken over by BoU: Kasekende
Bank of Uganda's deputy governor Lois Kasekende says the successful resolution of Crane Bank in January 2017 is the main reason for the improvement in financial soundness indicators of the banking system last year
April 9, 2018
Economy
Energy, Oil & Gas
Power prices for second quarter of 2018 fall slightly
Electricity tariffs to be charged by Umeme from April to June will reduce slightly following favourable changes in the dispatch of generation plants
April 8, 2018
Economy
Uganda’s trade deficit hits four-month high in February
Uganda's merchandise trade deficit widened in February as imports of goods rose to their highest level in four months
April 6, 2018
Economy
Private sector expands at best rate in three months
A rise in new orders was the key driver of growth in Uganda's private sector activity in March, according to a monthly survey of purchasing executives
April 5, 2018
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