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BoU Maintains CBR at 9.75% as Uncertainty Looms

BoU Maintains CBR at 9.75% as Uncertainty Looms

The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ

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Economy posts positive results despite negative predictions

Economy posts positive results despite negative predictions

The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin

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Economy still faces several risks, says BoU

Economy still faces several risks, says BoU

Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot

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10 Game of Thrones Scenes That Make Book Readers Furious

10 Game of Thrones Scenes That Make Book Readers Furious

The Game of Thrones television series made some large changes from the books. George R.R. Martin was only heavily involved in the first

Ultimate Uganda

Government cautions importers on exorbitant charges on assistive devices for PWDs

Government cautions importers on exorbitant charges on assistive devices for PWDs

The Third Deputy Prime Minister, Ms Rukia Isanga Nakadama, has cautioned importers of disability aids and equipment against charging high prices, despite government granting them tax waivers.In her address to participants attending a three-day 7th Community Based Rehabilitation (CBR) / C

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