Economy
Uganda’s Trade Surplus with East African Community Boosts Business Confidence
In December 2023, Uganda marked a trade surplus of $22.30 million with other East African Community (EAC) Partner States, a…
Uganda’s Export Trends: EAC and Middle East Lead the Way
In December 2023, Uganda's export landscape saw the East African Community (EAC) maintaining its position as the primary destination, capturing…
Bank of Uganda Faces Challenges in Controlling Dollar Rate
Bank of Uganda (BoU) acknowledges its limited capacity to address the depreciation of the Ugandan Shilling against the dollar due…
Bank of Uganda Works to Improve Financial Markets and Investor Confidence
Uganda's financial sector is facing challenges due to the low capacity of local investors, with pension assets per capita estimated…
BoU Raises Inflation Forecast Due to Shilling Depreciation
The Bank of Uganda (BoU) has revised its inflation forecast upwards for the short term in response to the depreciation…
Uganda’s January Inflation Rises to 2.8 Percent Due to Service Charges
Uganda experienced an increase in inflation to 2.8 percent in January, breaking a reducing cycle that lasted for about 10…
