The government has signed a project framework agreement with the Albertine Graben Refinery Consortium to finance and construct Uganda’s first oil refinery; the deal has left officials in the energy ministry upset
Crested Capital, the brokerage firm, was awarded the “Broker of the Year” award at the Uganda Securities Exchange 20th anniversary celebrations for its strong performance in the deals and volumes contributed to the exchange in 2017 according to market statistics generated from the Automated Trading System
The central bank maintained its policy rate at the same level as February 2018, saying its line with its goals of supporting economic growth and keeping inflation within target levels
Bank of Uganda’s deputy governor Lois Kasekende says the successful resolution of Crane Bank in January 2017 is the main reason for the improvement in financial soundness indicators of the banking system last year
Electricity tariffs to be charged by Umeme from April to June will reduce slightly following favourable changes in the dispatch of generation plants
Uganda’s merchandise trade deficit widened in February as imports of goods rose to their highest level in four months
Keynote address by Louis Kasekende (PhD), Deputy Governor, Bank of Uganda at the Stanbic Bank Enterprise Conference 05 April 2018 …
A rise in new orders was the key driver of growth in Uganda’s private sector activity in March, according to a monthly survey of purchasing executives
Uganda’s largest electricity distributor Umeme saw a 32% drop in earnings before interest, taxes, depreciation and amortization in 2017 after a change in its license clawed away revenues previously earned from excess power sold, its full-year results show
A rise in output in the services and industry sectors provided the bulk of the growth in the last three months of 2017 compared to the last quarter of 2016, according to seasonally adjusted estimates from the Uganda Bureau of Statistics