Nielsen has hosted two milestone market intelligence events in Nairobi, Kenya on 20 March and Kampala, Uganda on Thursday, aimed at helping delegates understand the changing nature of Markets and Consumers in East Africa and the resulting requirement for changing strategies in the wake of this flux.
The overall objective of Bank of Uganda’s monetary policy is to achieve low and stable inflation, defined by a medium-term target of 5% of core inflation. The secondary objective is to support economic growth
Bank of Uganda found more room to cut its benchmark rate on concerns about sluggish private sector credit growth and the cost of loans
Domestic credit to the private sector rose by 6.2% in December from the same month in 2016, accelerating from November’s 3.2% growth, figures from Bank of Uganda show
Activity in Uganda’s private sector increased at a slower pace in January compared to the previous month, according to an index that tracks its economic health
The Uganda National Oil Company has issued notices calling for bids for the sale of 45,211 barrels of crude oil from extended well tests concluded six years ago
The 1,445km pipeline will run from Hoima in mid-western Uganda to Tanga port at the Indian Ocean in Tanzania. The entire project is expected to cost $3.5bn (Shs11trillion), of which 80% will be spent in Tanzania
Uganda’s economy has seen many changes in the past 55 year, affected by periods of political instability, civil war, fluctuating global commodity prices, and various economic reforms. Trends in recent years are positive, but key challenges remain
The decision, according to industry sources, is informed by the near-completion of the Front-End Engineering Design study for the pipeline
The majority of the petroleum products, 92%, were imported through Mombasa port in Kenya, while only 8% arrived via Dar es Salaam on the Tanzanian coast