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Economy
Bank of Uganda maintains policy rate at 9.5%
Central bank kept its key policy rate unchanged, as well as the rediscount rate and the bank rate
December 6, 2023
Economy
Stanbic Uganda November PMI rises to four-month high
Closely watched measure of private sector health rose for thirteenth straight month on stronger customer demand
December 5, 2023
Economy
Construction cost inflation rises to 2.2% in October
Construction inflation rose for the second consecutive month in October, driven by the price of inputs for specialised construction activities
December 4, 2023
Economy
Infrastructure
Uganda gets $252.8mn road construction loan from African Development Bank
Roads, both to international borders, will help connect rural areas and facilitate regional integration
December 1, 2023
Digital Economy
Economy
Remarks by BoU DG Atingi-Ego at second National Financial Inclusion Strategy launch
NFIS II aims to tackle financial exclusion and barriers to access, empower consumers through protection and education, and increase the use of affordable financial products
November 30, 2023
Economy
Inflation edges up for first time since February
Inflation rose for the first time in ten months in November, driven by an increase in services prices, although the closely watched core consumer prices indicator was unchanged
November 30, 2023
Digital Economy
Infrastructure
Politics & Policy
Uganda seeks $146mn Chinese loan for national fibre-optic project
China also funded the first three phases of the national fibre-optic backbone infrastructure project
November 27, 2023
Commodities
Coffee exports cool in October
Uganda's coffee exports grew at the slowest pace in five months in October
November 17, 2023
Commodities
Economy
Energy, Oil & Gas
Parliament passes law giving government exclusive right to import fuel
MPs said the law will break Uganda's dependence on Kenyan dealers who charge extra fees, leading to higher fuel prices
November 15, 2023
Commodities
Energy, Oil & Gas
Uganda refused use of Kenya’s pipeline in Vitol deal
Unoc failed to meet licensing requirements for certain annual petroleum sales in Kenya, operation of five service stations and a depot in Kenya
November 9, 2023
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