Economy
Economists Warn of Unchecked Government Expenditure
Independent budget policy specialists are urging Uganda's economic managers to reevaluate the implementation and financing strategy of the national budget.…
Uganda’s Trade Affected by Red Sea Ship Congestion
Uganda faces challenges in its global trade with Europe as maritime operators suspend shipments amidst Houthi rebel attacks in the…
Uganda Shilling Exchange Rates on Saturday, December 30, 2023
Currency Exchange Rate (UGX) Euro 4173.45 Rwanda 2.91 Tanzania 1.5 United States 3769.91 Kenya 24.18 Nigeria 4.2 South Africa 205.18…
Economic Challenges Loom as Ugandan Businesses Struggle in 2023
Ugandan businesses are grappling with challenges in securing bank credit due to stringent guidelines and high repayment costs. The direct…
Government Takes on Shs 7 Trillion Debt in Seven Days
Uganda's Finance Ministry faced challenges after the World Bank suspended new funding due to the anti-homosexuality law. Despite the initial…
Uganda Forms Committee to Enhance Accuracy of Balance of Payments Data
The Ugandan government has formed a National Balance of Payments Committee aimed at improving collaboration among key institutions involved in…
