Uganda
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East Africa
Bank of Uganda Retains Benchmark Rate at 10.25% after MPC Meeting
The Bank of Uganda (BoU) has retained its benchmark Rate (CBR) at 10.25 percent, marking the second consecutive monetary policy…
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Regions
Uganda responds to World Bank after halting future funding over anti-homosexuality Bill
Ugandan Government through Minister for Foreign Affairs Henry Okello Oryem, has hit back at the World Bank over its move…
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Commodities
Court throws out lawsuit against Ksh.648.5bn oil project linking Tanzania, Uganda
A court in France has thrown out a lawsuit filed against TotalEnergies by two French and four Ugandan groups over…
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Markets
Kenya moves up two places to rank 8th in 2022 Absa AFMI
Kenya moved up two places to rank eighth in the year 2022 in Absa Africa Financial Markets Index (AFMI). This…
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Commodities
Uganda rules out fuel subsidy as pump price jumps 19%
Uganda won’t introduce fuel subsidies, said interim director at Finance Ministry Moses Kaggwa, even after pump prices spiked following supply…
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News
Kenya’s fuel prices more favourable than Tanzania, Uganda and Rwanda; here’s how
Fuel prices have hit new highs in Tanzania as tensions in eastern Europe continue to impact the global oil market.…
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Economy
IMF approves Ksh.14.5 billion loan to Uganda
The International Monetary Fund is giving Uganda an additional Ksh.14.5 billion as part of an Extended Credit Facility Arrangement. In…
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News
Uganda’s PMI rises to 54.9 in January: report
Uganda’s Purchasing Managers’ Index (PMI) rose to 54.9 in January, up from 51.5 in December, according to a report issued…
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Politics
Rwanda reopens border with Uganda after 3 years
Rwandan authorities said early Friday they would reopen the border with Uganda, ending nearly three years of a standoff that…
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Regions
Over 600,000 teenage girls gave birth during COVID lockdown in Uganda
More than 650,000 Ugandan girls gave birth during the time schools were closed due to the COVID-19 pandemic. According to…
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