Inflation
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Finance
BOU lowers interest rate to 9.75% as inflation eases
On October 7, 2024, the Bank of Uganda’s Monetary Policy Committee (MPC) lowered the Central Bank Rate (CBR) by 25…
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Finance
BOU lowers lending rate amid signs of economic recovery
In a strategic move aimed at fostering economic growth, the Bank of Uganda has reduced the Central Bank Rate (CBR)…
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Business
New orders sustain private sector expansion despite slight dip
The headline Stanbic Purchasing Managers’ Index (PMI) dipped to 51.2 during February from 53.2 in January as business activity increased…
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Business
Government releases Shs.6.4 trillion for govt expenditure amid inflation decline
The Permanent Secretary ministry of finance Ramadhan Ggoobi has announced a decline in the annual headline inflation from 10.7% in…
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Business
Bank of Uganda releases December economic report indicating signs inflation losing momentum
Bank of Uganda has confirmed that there are clear signs of inflation losing momentum and peaking, despite it remaining persistently…
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World
Disastrous U.S. policies weigh on world economy
The U.S. Federal Reserve announced earlier this month the fourth consecutive three-quarter point interest rate hike to cool record levels…
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World
Inflation, abortion lead list of voter concerns in U.S. midterm elections
Inflation and abortion led the list of issues identified by American voters as mattering most to their ballots in the…
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Business
Uganda grapples with soaring inflation amid persistent global uncertainties
Uganda is grappling with double-digit inflation as spillover effects of the global economic decline filter through the domestic economy, the…
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Business
A slump in global output is expected to constrain demand for Uganda’s exports – Bank of Uganda report
A report by the Bank of Uganda (BoU) has indicated that a slump in global output is expected to constrain…
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Sports
Means of production prices rise in China
Most of the capital goods monitored by the Chinese government posted higher prices in late August compared with mid-August this…
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