Uganda’s annual headline inflation for the year ending September 2025 rose to 4.0%, up from 3.8% in August, which reflects ongoing volatility in the market, largely driven by sharp rises in food prices, and underscores…
Taxpayers that clear their outstanding principal tax liabilities will be exempted from paying interest and penalties, the Uganda Revenue Authority (URA) has announced.
Uganda’s economy is projected to grow by at least 7.0% in the Financial Year 2025/26, with expectations of reaching double-digit growth in the medium term as the country…
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75%, a move that signals caution and confidence as the country navigates global economic…
Uganda’s annual headline inflation has eased to 3.8% in July 2025, down slightly from 3.9% recorded in June, according to the latest figures from the Uganda Bureau of…
A surge in export earnings and foreign direct investment has propelled Uganda’s economy to new heights, with nominal GDP reaching UGX226.34 trillion ($61.3 billion) in…
Finance Minister Matia Kasaija has presented the national budget amounting to UGX 72.4 trillion (approximately USD18.8 billion), underscoring the government’s strategic…
Uganda’s Annual Headline Inflation rose to 3.8% in the 12 months ending May 2025, up slightly from 3.5% in April 2025, according to the latest Consumer Price Index (CPI)…
The Monetary Policy Committee of the Bank of Uganda has decided to keep the Central Bank interest rate at 9.75% for May.
The Monetary Policy Committee of the Bank of Uganda has decided to keep the Central Bank interest rate at 9.75% for May. The decision highlights the Central bank’s…
Uganda’s monthly headline inflation surged to 0.6% in February 2025, doubling from 0.3% in January, according to the latest data from the Uganda Bureau of Statistics…
In what CEO Sylvia Mlinge describes as a “landmark year for MTN Uganda,” the telecommunications giant recorded significant gains across all areas of its business amidst…
Uganda’s Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, has invited French investors to explore Uganda’s lucrative business environment, emphasizing…
President Yoweri Museveni has appointed Dr. Michael Atingi-Ego as the substantive Governor of the Bank of Uganda (BoU), replacing the late Tumusiime Mutebile.
The International Monetary Fund (IMF) has painted a positive picture of Uganda’s economic growth prospects, posting a 5.9% growth projection, according to the latest…
The Monetary Policy Committee (MPC) of the Bank of Uganda has announced a significant reduction in the Central Bank Rate (CBR), lowering it by 25 basis points to 9.75%.
