Uganda shilling strengthens against dollar - BoU
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by...
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Uganda's coffee industry: Understanding the origins of UCDA
By Ezra Suruma In 1986 when the National Resistance Movement captured the apparatus of government, coffee was by far the most important export product of Uganda. Coffee...
Tourism board, hotel owners lock horns over new licences
Hotel owners across the country have protested a move by the Uganda Tourism Board to shut down accommodation facilities that are not licensed by the board to operate. The...
VIDEO: Questions linger over Shs10 trillion SGR cost
In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counter...
SHOCKING: Man Discovers That Pastor Who Officiated His Wedding Is The Father Of His Two Children
In 2023, heartbreaks had started cropping up almost every week had it not been the Ministry of Health to impose breaks on the then trending DNA tests where several labora...
Foreign reserves fall to all time low
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In detail...
Government loans worth Shs13 trillion remain unutilised
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt...
What other players give savers eager to grow money
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-ea...
Uganda Shilling Gains While Stanbic Rises, MTN Slips
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 36...
Non-performing loans drop but credit extension remains subdued
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended J...