Uganda’s imports from the East African Community region decreased by 2.8% to USD 264.10 million in September 2024, down from USD 271.62 million the previous month. Exports to the region also declined by 1.0% from USD 197.23 million to USD 195.22 million over the same period.

The directive aims to protect consumers from predatory lending practices and ensure that borrowing remains accessible and fair. By establishing a clear interest rate cap, the government seeks to foster a more equitable and fair financial environment for individuals seeking loans.

The GROW loan project is a five-year program set to end in December 2027. The Generating Growth Opportunities and Productivity for Women Enterprises (GROW) Project is a Government of Uganda Project, funded by the World Bank, implemented by the Ministry of Gender, Labour, and Social Development and the Private Sector Foundation Uganda in all districts, municipalities, and cities.

The BRICS poses as the epitome of Uganda’s independence, and through the set of reforms to introduce a new gold-banked currency, Uganda holds leverage since it baskets vast natural resources, specifically gold, uranium, oil, and many others, which makes it a valuable member of the BRICS.

MTN continues to invest in network infrastructure and technological innovations, aiming for 90% geographical coverage across Uganda by 2025.

The increase of Uganda’s per capita income from $898 to 1146 in 2024 and the increase of the Gross Domestic Product (GDP) from $16 to $20 in 2023—all these, including many others—resulted in Uganda being recognized by the IMF as one of the fastest-growing economies. 

Running a side hustle when you have a white-collar job that keeps you working long hours at work can be difficult to maintain, manage, and grow since most workers are dishonest and unreliable.

In 2019, Indian investments in Uganda reached $500 million, making India one of Uganda’s top investors. Bilateral trade between the two countries stood at $1.3 billion, with key exports from India including pharmaceuticals, automobiles, and textiles, while Uganda exports tea, wood, and related products to India.

The major reason SHIPU was created was to ensure effective and sustainable collaboration between government institutions and investors at all levels for collective growth and development.

The delays of the ongoing construction of the road have not only affected the business community and people with vehicles but have immensely affected people who use boda bodas as means of transport to reach their different work stations, since by the time they arrive they are covered with dust.

Government's policy of relocating street vendors from the city affects many traders in the arcades since vendors sell merchandise on behalf of shop owners on a commission-based mutual arrangement.

In a bid to combat the rampant fraud and cyber security in most commercial banks, the Bank of Uganda has granted 74 financial institutions access to the National Identification and Registration Authority's (NIRA) database.