Economy
Dip in Food Prices Drives Inflation Down to 2.4%
Inflation has dipped below the target set by the Bank of Uganda, primarily due to a significant drop in food…
Uganda’s Cotton Sector in Crisis
Uganda's once-thriving cotton industry, a significant source of income for around 250,000 households, is facing a grim future. In this…
Bank of Uganda Reports Robust Economic Growth Despite High Interest
Uganda's economy displayed robust growth during the last financial year, surpassing previous expectations. This development bodes well for the Bank…
Uganda Grapples with International Pressure Over Anti-Homosexuality Law
While the US praises Uganda's free-market economy and liberal financial system, it raises concerns about issues such as corruption, a…
Banking Sector Reports 8.4% Asset Growth
The Ugandan banking sector experienced an 8.4% growth in assets during the last financial year. This growth was primarily attributed…
Government Pushes E-Tax System to for City Revenue Collection in Uganda
The Ministry of Local Government is promoting the Electronic Local Government Revenue Collection System, E-LogRev, as a groundbreaking development to…
