Tag Archives: Uganda’s economy

OPINION | Julius Businge | In 2011, monetary policy briefings at the Bank of Uganda Boardroom, Level 7, delivered by the late Prof. Emmanuel Tumusiime Mutebile and often flanked by his deputy, Dr. Louis Kasekende and other top technical officials, were must-attend events. As a business journalist, I—alongside others—made it …

With persevere and watching your expenses, you can go over the hurdles we are experiencing as prices spear through the roof COMMENT | PETER KAUJJU | David Mulongo is one of the routine shoe hawkers along Jinja Road, Nile Avenue and mostly the Old Portbell Road in Kampala City, Uganda’s …

Can government respond to private sector needs amidst pressures related to COVID-19? Kampala, Uganda | JULIUS BUSINGE | KK Foods, exporters of fresh foods and vegetables, enjoyed market opportunities in Europe, US and Canada   until Covid-19 restrictions struck in March last year. Export volumes dropped from 63 tonnes to 40 …

But World Bank warns of looming danger ANALYSIS | THE INDEPENDENT | Uganda’s economy could escape the worst effects of the COVID-19 pandemic and post one of the higher growth figures on the African continent in 2021, according to the latest Global Prospects Report of the World Bank released this …

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has said Uganda’s economy will only expand by 3-4% this financial year, half the earlier projection of 6% as the impact of coronavirus hits home. In the April 2020 monetary policy statement, BoU Governor Emmanuel Tumusiime-Mutebile noted that this is because …

  Kampala, Uganda  | THE INDEPENDENT | Uganda’s economy has been given a clean bill of health with the economy expected to expand by at least 6% in 2020, according to Standard Chartered bank outlook. This is despite the fact the country is going into an election year where some …