BoU raises Central Bank Rate to 12%
Bank of Uganda (BoU) has raised its benchmark interest rate from 9.75% to 12% in a bid to contain rising ...
Tag: Uganda economy
We are not yet there, says Museveni as Uganda celebrates 64th independence anniversary
President Museveni has urged Ugandans to intensify efforts towards wealth creation and economic transformation, saying the country must address persistent ...
Mbale Industrial Park champions Uganda’s push to replace imports with local manufacturing
As Uganda celebrates 64 years of independence, the Sino-Uganda Mbale Industrial Park is emerging as an example of the country's ...
Absa expands into wealth management as Uganda’s collective investments hit shs7 trillion
Absa Bank Uganda has launched a wealth investment and advisory proposition as participation in Uganda's capital markets continues to expand, ...
Government explains rising fuel prices
The depreciation of the Uganda Shilling against the US Dollar and an increase in excise duty on petroleum products are ...
UDB commissions new 14-storey head office in Kampala
Uganda Development Bank (UDB), the country’s national development finance institution, has commissioned its new 14-storey head office, UDB Tower, on ...
Why the second half of the year is the time to protect your investment plan, not abandon it
By George Opiyo For many Ugandans, the second half of the year brings a familiar shift in priorities. School fees ...
Stanbic enters pension fund management market
Stanbic Uganda Holdings Limited (SUHL), through its subsidiary SBG Securities Uganda Limited, has launched a pension fund management business as ...
Museveni seeks more Japanese investment, road equipment
President Yoweri Kaguta Museveni has called for increased Japanese investment in Uganda, particularly in agro-processing, while urging Japan to support ...
Museveni pledges shs2bn into pastors’ sacco as he praises Kayanja’s community work
President Museveni has pledged Shs2 billion to a newly formed SACCO for pastors while commending Pastor Robert Kayanja for extending ...
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