Business
Uganda Development Bank Loan Portfolio Grows to UGX 1.6 Trillion
In 2023, Uganda Development Bank (UDB) reported significant growth in its loan portfolio, reaching 1.6 trillion Shillings, marking a notable…
SGR Works to Commence in 2024, Confirms Government
Perez Wamburu, the coordinator of the Uganda Standard Gauge Railway (SGR) project, announced that construction of the long-awaited railway is…
Sugarcane Farmers Advocate for Fair Pricing Based on Production Costs
Sugarcane farmers from various regions in Uganda are urging for a pricing formula that considers their production costs rather than…
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…
Suspension of Obongi Ferry Disrupts Trade
The suspension of ferry operations across the Nile on February 14, 2024, has had significant repercussions for communities in Obongi…
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.…
