Uganda inflation rises to seven-month high in April
Uganda’s inflation rose to a seven-month high in April, dragged higher by an increase in core consumer prices
Uganda Business News
World Bank approves $150m grant to scale up support for refugees and host communities
The World Bank said it had approved a $150 million grant for Uganda to support a project that improves access to basic social services and expands economic opportunities for refugees and host communities — and also strengthens watchdog oversight over the project
Sudan coup: How protesters upped the ante and forced al-Bashir from power
Following months of protests, and a prolonged sit-in outside the military headquarters in Khartoum, Sudanese president Omar al-Bashir was placed under house arrest on April 11 as the country’s military prepared for a transitional government
Government sets May for new licensing round
Irene Muloni, the minister of energy and mineral development, has revealed plans for the second licensing round of three oil blocks in the Albertine Graben region
Slight drop in Q2 2019 electricity prices
Domestic consumers will pay about Shs9 less for each each unit of electricity supplied by Umeme Limited in the second quarter of 2019 compared to the first three months of the year
Uganda economic growth strengthens in last three months of 2018
Uganda’s economic growth continued to strengthen in the fourth quarter of 2018, expanding at the fastest rate in five quarters
Consumer prices unchanged in March but core inflation heats up
Inflation in Uganda was unchanged in March, but this will offer little relief to policymakers as core inflation, which measures underlying trends, rose for the third straight month
Stanbic profits in 2018 rise on recovery in interest income
Stanbic Bank Uganda said on Thursday that its profit in 2018 increased on a recovery in interest income, mainly driven by a rise in customer loans
Commercial bank interest rates and charges as at 1 January, 2019
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Inflation inches up in February on telephone services and passport fees
Uganda’s annual consumer price inflation edged higher for the second straight month in February, primarily due to an increase in the prices of telephone and telefax services and passport fees over the past twelve months, the bureau of statistics said on Thursday