Browsing: Business

KAMPALA: In a strategic move, the Bank of Uganda (BOU) has initiated a Domestic Gold Purchase Program to build the…

Uganda’s inflation remains among the lowest in the region, averaging 3.2 percent over the twelve months leading to May 2024.…

Kampala, Uganda – Stringent collateral requirements imposed by commercial banks are significantly hindering women-owned businesses from accessing crucial financial support…

Kampala: Recent data from the 23rd edition of the Uganda Economic Update, published by the World Bank, highlights significant shifts…

Kampala: Uganda’s economy has demonstrated remarkable resilience despite facing multiple successive shocks. According to the 23rd edition of the Uganda…

Kampala, Uganda: Uganda’s formal employment sector experienced a notable increase in April 2024, as captured under the PAYE (Pay As…

Kampala: Uganda’s economy heavily relies on micro, small, and medium enterprises (MSMEs), which constitute 90 percent of private-sector production and…

KAMPALA: Various financial inflows have significantly influenced Uganda’s economic growth, notably remittances, foreign direct investment (FDI), tourism revenues, and export…

KAMPALA: The East African Crude Oil Pipeline (EACOP) Project is making significant strides, with 500 km of the pipeline already…

KAMPALA: In a significant break from past trends, gold has emerged as Uganda’s leading export, accounting for approximately 75.7 percent…