Kampala metro house prices see biggest rise since 2021
In the last quarter of 2023, house prices in the Greater Kampala Metropolitan Area experienced their largest increase since Q2 2021
Uganda Business News
Uganda Securities Exchange weekly trade briefing
In the last week of 2023, a total of 271,066 shares of locally listed companies with a total value of Shs12.8mn ($3,385.9) were traded on the Uganda Securities Exchange
Inflation flat in December, but core rate up for first time since February
Inflation was flat in December, although core prices, which are more closely monitored by policymakers, accelerated for the first time since February
Centurion Law Group advised Oranto Petroleum on negotiation of oil exploration licence
Oranto’s licence extended for two additional years, allowing it to continue exploration and appraisal drilling in the Ngassa block
From Buganda’s queen to Tanzania’s master: 4 must-read books from East Africa in 2023
In her memoir, published earlier this year, the Nnaabagereka recounts her journey from New York, where she spent most of her childhood, to her unconventional courtship with the Kabaka
Oranto granted another extension of exploration licences
Oranto Petroleum’s exploration licences for the Ngassa block in Hoima and Kikuube districts have been extended for two years
November’s wet days slowed coffee drying, causing exports to fall
Uganda exported 4.8 per cent less coffee in November than a year ago as shipments of robusta beans fell due to rains that delayed the drying of newly harvested coffee
Africa needs a surge in entrepreneurship
Limited access to finance has been cited as a binding constraint on African economic development, but what if the chronic shortage of entrepreneurs is equally limiting?
Fitch cuts GDP forecast on lower government spending, fall in net exports
Economy to grow slower in 2023 than previously expected, as government spending slows and net exports fall, according to global research firm BMI
Tips for borrowing money: What’s acceptable and what’s not
While the holidays may tempt you to let your financial guard down, it’s important to reflect on your financial portfolio to avoid sinking deeper into debt