In 2018, three years after a major restructuring that dragged the company’s profits down in 2015 and 2016, British American Tobacco Uganda continued to grow revenue and profit, though at a slower pace than in the previous year
French oil major Total’s chief executive Patrick Pouyanné last week revealed his company’s plans to accelerate development of the company’s Tilenga project in Buliisa and Nwoya districts
The Bank of Uganda’s monetary policy committee has voted to keep the Bank’s benchmark lending rate unchanged in its first meeting of 2019, noting that the risks to its medium-term inflationary outlook are roughly balanced
More than a quarter of a century after the fall of the Soviet Union, Russia’s President Vladimir Putin seems to have new aspirations in Africa. This is in line with his desire to restore Russia to great power status
Business conditions in Uganda’s private sector continued to strengthen in January on the back of improving customer demand, according to an indicator of the sector’s economic health
BoU governor says that while digital banking innovations accrue benefits to financial institutions and customers, they also present associated risks that if not managed well could outweigh the benefits
Uganda’s inflation rate rose for the first time in five months in January amid a rebound in core inflation and an increase in energy, fuels, and utilities prices
MTN Uganda and the government are in talks that could see the National Social Security Fund taking a stake in the telecom, increasing local ownership in the country’s biggest taxpayer from the current 5%
Uganda’s merchandise exports fell in November on a year on year basis as imports increased, leading to the fastest rise in the trade deficit in three months
Ugandan officials seemed to have a vested interest in who should be awarded the contract to build the country’s oil refinery, preferring Chinese companies over the eventual winner, America’s Albertine Graben Refinery Consortium