Economy
Uganda Shilling: Weekly Performance Analysis
Throughout the week's trading sessions, the Uganda shilling exhibited fluctuations in its value against the US dollar. Thursday's trading saw…
Uganda Adjusts Key Interest Rate to 10% in Response to Shilling Depreciation
Uganda's central bank, the Bank of Uganda (BoU), has taken decisive action by increasing its key interest rate by 50…
Jeffrey Sachs Advocates for Fairer Interest Rates to Propel Uganda’s Development
Renowned American economist Prof. Jeffrey Sachs is determined to address the issue of unfair interest rates paid by African countries,…
Uganda-EU Trade Shift: Exports Exceed Imports in Favorable Balance
Uganda has achieved a significant milestone in its trade relations with the European Union (EU), with exports now surpassing imports,…
UBOS Report Attributes Rise in Annual Inflation to Increased School Fees
The Uganda Bureau of Statistics (UBOS) has released its monthly inflation report, revealing that the country's annual inflation rate for…
Uganda Shilling Strengthens as Interbank Players Reduce Dollar Holdings
The Uganda shilling concluded the week on a positive note, exhibiting strength against the US dollar in recent market activity.…
