Middle East war

Uganda leaves first-oil date open until June 2027

With the pipeline 92 per cent complete and Tilenga at 78 per cent, first oil depends on three linked projects finishing together by mid-2027

Africa’s steady growth masks divergent fortunes, with commodity gains supporting exporters while debt costs and aid cuts constrain spending

How the Bank of Uganda's increase in its policy rate to 12 per cent could affect the shilling, pump prices, and existing loans and savings

Uganda’s central bank lifted its rate to 12 per cent, the largest increase since 2011, and raised its inflation forecasts as the shilling weakened

Uganda’s budget assumes faster growth than the World Bank forecasts, with oil receipts depending partly on the timing of production

Headline inflation edged up in May as energy and transport costs climbed sharply amid higher global oil prices

Monetary Policy Committee keeps rates on hold for a seventh consecutive meeting but raises its inflation outlook as fuel costs begin feeding through

IMF forecasts place Uganda among the world’s fastest-growing economies as oil production nears, even as risks rise across sub-Saharan Africa

Beijing’s Hunan-based Africa strategy gains urgency amid US-China tensions and Middle East disruptions to trade and energy flows