Economy Archives – The Ankole Times

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Why the Bank of Uganda Joined ‘Shining Gold Rush

When the Bank of Uganda announced its intention to purchase gold from…

The Ankole Times The Ankole Times

Uganda Proposes Gold Purchase Plan to Reinforce National Economy

Uganda is making strides towards reinstating the gold standard by proposing a…

The Ankole Times The Ankole Times

URA Faces Challenges in Ambitious 31.98 Trillion Shillings Revenue Target

The Uganda Revenue Authority (URA) faces significant challenges amidst economic complexities and…

Elizabeth Karungi Elizabeth Karungi

Debt Discipline? The Government Knows What’s Best for Uganda

Mr. Ramathan Ggoobi, the Secretary to the Treasury and Permanent Secretary in…

George Onyango George Onyango

Uganda Shilling Stays Steady as June Ends

The Uganda shilling traded relatively flat on the last trading day of…

Leila Baku Leila Baku

Museveni: Oil Revenue to Reduce Uganda’s Debt

President Yoweri Museveni announced that Uganda will earn $2 billion annually once…

Jim Sykes Ocaya Jim Sykes Ocaya

Uganda’s Budget Day: Join the Circus at Kololo Grounds

Good morning, Uganda! Rise and shine for the most awaited day of…

George Onyango George Onyango

Uganda Shilling Strengthens Amidst Market Activity on Tuesday

Stable Trading and Government Bond Auctions During Tuesday's trading session, the Uganda…

Rothschild Jobi Rothschild Jobi

4 Trillion Shillings Lost Annually in Uncollected Tax

The Ugandan government is losing approximately 4 trillion shillings each year due…

Leila Baku Leila Baku

Uganda’s Loan Addiction Continues as $500m Deal Signed with Korea

Uganda and the Republic of Korea have once again joined hands in…

George Onyango George Onyango

No Governor, No Problem: Bank of Uganda Thrives Without the Big Boss

The Deputy Governor of the Bank of Uganda, Michael Atingi-Ego, has assured…

Maureen Atuhaire Maureen Atuhaire

Finance Ministry Declares Uganda’s Full Economic Recovery Post-Pandemic

Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury at the…

Simon Kapere Simon Kapere

Uganda’s Budget: Shs72.136 Trillion Fantasy of High Hopes and Empty Coffers

Uganda’s Parliament has passed a mind blowing and unheard of Shs72.136 trillion…

George Onyango George Onyango

Museveni and Ruto Pledge to Enhance Uganda-Kenya Trade

President William Ruto of Kenya and President Yoweri Museveni of Uganda held…

Rothschild Jobi Rothschild Jobi

Uganda’s Tax Burden Among East Africa’s Lowest: Finance Ministry

According to Ramathan Ggoobi, the permanent secretary in the Ministry of Finance,…

Rothschild Jobi Rothschild Jobi

UNDP Declares Uganda “Middle Income” Country

Uganda has apparently earned itself a shiny new badge: Middle Income Status.…

Jim Sykes Ocaya Jim Sykes Ocaya

Shilling’s Downward Spiral Continues, Hits 3,900 Per Dollar this Monday

Uganda, otherwise known for its pot hole and parliamentary exhibitions, is also…

Olga Nassaali Olga Nassaali

Government “Debt Fever” Hits 8 Trillion Shillings

This government, much like a generous auntie at a family gathering, loves…

George Onyango George Onyango

Uganda Loses Trillions to Illicit Financial Flows, Says Director of Public Prosecution

The Director of Public Prosecution (DPP) in Uganda, Justice Frances Abodo, has…

Jim Sykes Ocaya Jim Sykes Ocaya

Uganda Shilling: Weekly Performance Analysis

Throughout the week's trading sessions, the Uganda shilling exhibited fluctuations in its…

Jim Sykes Ocaya Jim Sykes Ocaya