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Economy
Uganda’s economy grew by 6.6% in final quarter of 2017, says Ubos
A rise in output in the services and industry sectors provided the bulk of the growth in the last three months of 2017 compared to the last quarter of 2016, according to seasonally adjusted estimates from the Uganda Bureau of Statistics
April 3, 2018
Economy
Africa’s growth will be stronger than in 2016, World Bank says
Growth in sub-Saharan Africa will be stronger this year with the rebound led by the region's largest economies, the World Bank said on Wednesday
October 11, 2017
Economy
Taking stock of Uganda’s economy 55 years after independence
Uganda's economy has seen many changes in the past 55 year, affected by periods of political instability, civil war, fluctuating global commodity prices, and various economic reforms. Trends in recent years are positive, but key challenges remain
October 9, 2017
Economy
Uganda’s central bank cuts benchmark rate to 9.5%
Bank of Uganda said on Tuesday that economic activity is picking up and stressed the importance of private sector credit growth as it announced a cut in its policy rate to its lowest level ever
October 3, 2017
Economy
Bank of Uganda puts brakes on monetary easing as economy improves
Before Friday's decision, the Bank of Uganda had reduced its policy lending rate in each of its past eight meetings going back to April 2016
August 11, 2017
Economy
URA misses revenue collection target for 2016/17, but collects Shs1 trillion more
The Uganda Revenue Authority missed its revenue collection target in 2016/17 due to slow economic growth and low import volumes
July 24, 2017
Economy
BoU cuts policy lending rate further to support economic recovery
The central bank's decision to cut its policy lending rate was influenced by the slowdown in economic growth
June 19, 2017
Economy
Uganda’s economy grows at slowest rate in four years
Uganda's economy grew at an annual rate of 3.9% in the 2016/2017 financial year, the slowest rate in four years, with growth in all three main sectors slowing down compared to the previous year.
June 1, 2017
Economy
World Bank forecasts growth uptick for Africa in 2017
Economic growth in sub-Saharan Africa will slightly pick up in 2017 following its worst decline in more than two decades in 2016, according to a World Bank report released Wednesday.
April 19, 2017
Economy
Uganda’s economy rebounded in final three months of 2016
Uganda's economy recorded positive growth in the second quarter of 2016/17 after contracting in the previous quarter, data released by the Uganda Bureau of Statistics on Tuesday show.
April 4, 2017
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