Exports rise most in 2 years in 2019 on surge in gold shipments
Uganda’s export growth rose to a two-year high last year as a surge in gold shipments helped shake off the effects of a border crisis with Rwanda, preliminary data show
Uganda Business News
Bank lending to the private sector rebounds in December
Bank lending to businesses rebounded to a four-month high in December, largely driven by an increase in lending to the building, mortgage, construction and real estate; trade; and agriculture sectors
Rocket Health is providing telemedicine services to all UAP-OM members
Issued by: The Medical Concierge Group UAP Old Mutual has partnered with Rocket Health to widen its service offerings for …
Private sector growth hits record in January
Growth in Uganda’s private sector rebounded to a record high in January as demand further improved, according to a survey by IHS Markit
Stanbic Bank, Uganda National Oil Company in partnership to strengthen local content
Stanbic Bank Uganda, through its business incubator, has entered a partnership with the Uganda National Oil Company (Unoc) to promote local content
Rents are down in Kampala as supply outruns demand
Property developers in Kampala’s prime residential areas, especially those with newer apartments, were forced to lower rents in 2019 to stay competitive as supply overran demand, according to a new report by Knight Frank
Consumer price inflation moderates in January
Uganda consumer price inflation moderated in January after striking its highest level in fifteen months in the previous month, lowering the probability that the Bank of Uganda will depart from its accommodative monetary policy when it sets interest rates later this month
Stanbic Bank partners with Uganda Breweries in a drive to plant 40 million trees
Stanbic Bank Uganda has partnered with Uganda Breweries Limited in a new awareness campaign against deforestation by encouraging the public to plant trees to foster sustainable development and save the environment
Week in review: Trade disputes, social media tax, African internet registry
Trade disputes between Uganda and her neighbours are putting even more pressure on treaties signed under the East African Community. URA wants social media tax imposed on data purchases. Stella Nyanzi won an international free speech award
Private sector closes out 2019 on strong note despite easing
Private sector output in Uganda eased slightly in the last month of 2019, although it maintained a strong growth trajectory, data from global research firm IHS Markit showed on Monday