Uganda Shilling rebounds as government eyes oil-era forex inflows
Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for fore...
Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for fore...
Wakiso, Uganda: What began as a small poultry startup supported by the Office of the National Chairman (ONC) empowerment program has evolved into a thriving commercial en...
Motorists and boda boda riders in Mbarara are grappling with rising fuel prices and supply shortages, triggering long queues, fears of fare hikes, and wider economic stra...
As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is acceler...
Rwanda Utilities Regulatory Authority has raised retail fuel prices, citing global market trends and cost pressures, in a move expected to ripple through transport and co...
Henry Musasizi (left) and Hamson Obua addressing the media at ParliamentThe Minister of State for Finance (General Duties), Henry Musasizi, has defended the proposed incr...
As of Friday, pump prices exceeded Shs 5,300 at some outlets such as TotalEnergies, yet according to PS Batebe, Uganda has fuel stocks lasting over two monthsUganda’s g...
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today...
An offer made 16 years ago to sell 500 Bitcoin (CRYPTO: BTC) for just $1 is trending online.The world’s largest cryptocurrency exchange, Binance, celebrated Bitcoin’s...
Bitcoin has surged after weeks of volatile trading, climbing above the USD 90,000 level. As of 9:42 am IST, it was priced at USD 93,866, signalling potential further upsi...