Uganda’s private sector activity declined to a three-month low in August, a business survey showed on Wednesday, although it was still above the average since the survey started in January 2016
Final investment decision on Uganda’s oil and gas projects to be delayed by collapse of Tullow Oil stake sale; Bank of Uganda loses suit against Crane Bank’s former owner; Uganda Airlines starts commercial flights
Uganda’s consumer price growth slowed for the second straight month in August thanks to lower core inflation and food prices, bringing the annual inflation rate to its lowest level since June 2018
Tullow Oil is initiating a new sales process to reduce its 33.3% stake in Uganda’s Lake Albert oil project after its planned $900 million sale to joint venture partners Total E&P and the China National Offshore Oil Corporation failed to get clearance
Stanbic Bank Uganda has signed on to the UNDP’s Gender Equality Seal Certification Programme for Public and Private Enterprises, a workplace initiative that aims to promote gender equality and enhance women’s economic and social
empowerment
Proscovia Nabbanja has been appointed as caretaker chief executive officer at the Uganda National Oil Company, replacing Josephine Wapakabulo, who is resigning
Researchers from Epicentre, Uganda Virus Research Institute, Mbarara University of Science and Technology and the London School of Tropical Medicine and Hygiene last week started a new Ebola vaccine trial in Uganda
Stanbic Bank Uganda has announced Dogo Singh as the new head of bancassurance
Stanbic Bank has been recognised as the Best Bank in Uganda at the Euromoney 2019 Awards of Excellence, the third year in a row it has won the award
Government should join hands with the financial sector to strengthen rural-urban linkages and link local agriculture firms to external buyers and retailers