Tag: Inflation

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.

Masaka Coffee Farmers Decry Rampant Theft amid Inflation

The situation in Buwunga highlights a broader trend affecting coffee farmers across Uganda, where rising prices have made coffee not just a valuable crop but also a target for crime.

Ambassador General Balya Calls Upon Ugandans in S. Sudan...

The government has over the years attracted huge foreign direct investments to the economy, which has led the GDP to grow very fast with inflation being at single-digit 3%, which is a sign of a stable economy.

Former TV Star Wins Argentina’s Presidential Elections

Javier Milei, a far-right libertarian and a former television star has been elected President of Argentina, defeating Sergio Massa,...

BOU Maintains CBR at 9.5% for October, Predicts Economic...

The Bank of Uganda’s monetary policy committee has maintained lending rates at 9.5 percent for the month of October. According...

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