Tag: Central Bank Rate (CBR)

Mugumya, a former aide to former presidential candidate Dr. Kizza Besigye, has previously been at the center of politically charged cases. His latest case comes at a time of heightened scrutiny over reports of enforced disappearances and prolonged detention without trial.
Ambassador Ssentongo reaffirmed Ugandan government’s commitment to strengthening cross-border tourism cooperation, noting that tourism is central to the country’s Ten-Fold Growth Strategy, which aims to grow the economy from US$50 billion to US$500 billion by 2040. He called for practical, time-bound solutions to trade barriers affecting tourism and regional business competitiveness.

What the Bank of Uganda’s New Loan Rates Mean...

Imported goods are costing more, as the Ugandan Shilling is weakening and already at UGX 4,000 for just 1 US Dollar. If you buy goods, spare parts, or materials from abroad, you now need a lot more Shillings to buy the same amount of stock compared to before.

Uganda’s Inflation Drop Attributed to Reduced Commodity Prices—Finance Report

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.

Bank of Uganda Reports 3.7% Drop in Inflation for...

The Bank of Uganda (BoU) has announced a significant decline in annual core inflation, which fell to 3.7% in September 2024 from 3.9% in August 2024.

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