Commercial bank lending to the private sector, a leading indicator of the financial sector’s contribution to economic activity, continues to improve with Bank of Uganda data showing a pickup in November
Uganda’s merchandise goods trade position with the rest of the world improved for the second straight month in October as exports rose faster than imports, Bank of Uganda figures show
Governor tells Parliament probe Bank was right to intervene in closed banks but acknowledges post-intervention challenges
Uganda and the China National Offshore Oil Corporation are looking at April 2019 for a final investment decision on the Kingfisher oil field, the energy minister said
Credit growth in Uganda’s private sector fell to its slowest pace in three months in October as agriculture and telecommunications loans dropped relative to the previous month
The second phase of the Kampala Northern Bypass project is 51% complete and the contractor is on course to complete works by the end of 2021
Climate change events like droughts are only going to get worse in Africa – and urban centres, where many small businesses thrive, will be in the eye of the storm
Business activity in the private sector continued growing due to stronger demand
Uganda’s gross domestic product growth rebounded strongly in the 2017/2018 financial year on the strength of a pick-up in investments and exports, according to the World Bank
Rather than including Africa in wider discussions about global trade architecture, climate change, and the future of work, the G20 has largely limited its engagement with the continent to addressing narrower development issues