Browsing: Uganda

Uganda is considering a lower budget for the 2025–2026 fiscal year as technocrats attempt to strike a compromise between expenditure…

Analysis of the data shows that in the year ended December 2023, Nigeria received $368 million followed by Tanzania scoring…...

The Democratic Republic of Congo (DRC) has overtaken Kenya and Uganda as Tanzania’s leading export market, signalling the changing trade…...

Uganda’s stock of domestic debt grew to $10.92 billion in June from $9.28 billion recorded in a similar period last…...

Bank of Uganda (BoU), Uganda’s central bank, kept its key rate at 6.5% this month, with the aim of containing…

Shoprite announced on Monday, August 23, that it was withdrawing from Uganda and Madagascar after two decades of activity. This,…

The International Monetary Fund (IMF) has announced approval of a loan of approximately $ 1 billion to Uganda. Objective, support…

The Democratic Republic of the Congo and Uganda signed two agreements on May 27, 2021 under which they will finance…

(1 USD = 3,607 Ugandan Shilling). The Uganda Revenue Authority (URA) has initiated digital revenue stamps (SDRs) on cement and…

Russia and Uganda want to strengthen their economic cooperation. Indeed, the Roscongress Foundation and the National Chamber of Commerce and…

Headline inflation fell to 3.7% in November 2020 in Uganda, according to data from Bank of Uganda (BoU), the central…

Moody’s Investors Service (“Moody’s”) has today assigned B1/Not Prime local currency long-term and short-term deposit ratings and B3/Not Prime foreign…

The Emerging Africa Infrastructure Fund (EAIF) provided a USD 27 million loan to Kikagati Power Company, a Ugandan company specializing…

The International Monetary Fund (IMF) announced on February 14, 2019 in a statement that economic growth in Uganda has resumed…

Carrefour, the French distribution giant, will start operating in Uganda in just over three months. The group has just launched…

The French group Suez announced this July 24 to have won four new contracts on the African continent of 95…

Uganda will apply from 1 July 2018, a mandatory tax on all courier services, social networks and services of “mobile…

Uganda’s Insurance Regulatory Authority (IRA) has granted the pan-African bank United Bank for Africa (UBA) a license to launch bancassurance…

Stanbic Bank Uganda, the country’s largest bank by assets, recorded a 5% rise in pre-tax net profit to a record…

Uganda announces the upcoming opening of its financial market to the Islamic bank, which excludes the payment of interest, in…