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BoU Maintains Key Lending Rate At 7%, Says ‘Economy Recovering & Stronger Than Expected’

BoU Governor Prof.Emmanuel Tumusiime-Mutebile Bank of Uganda’s Monetary Policy Committee (MPC) held on 14th April 2021 maintained the Central Bank Rate (CBR), a benchmark lending rate for commercial banks at 7%. BoU Governor Prof.Emmanuel Tumusiime-Mutebile said the “the economic recovery is proceeding and is stronger than expected at its last meeting

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INTERVIEW: Nangoli Shares His Journey To Exporting Ugandan Processed Specialty Coffee To UK

Nangoli besides his finished products. Kikobero coffee is now exported to UK Martin Nangoli, 47,  was born in a poorly managed coffee garden and isolated family in Kikobero village, Masira Sub-county in present day Bulambuli district. He says his family and village were a laughing stock because his parents were hunters whose future looked

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Analysis & OpinionsNews

Migrant Workers, PAYE Employees Increasing – Finance Ministry Report

Migrant workers are on the rise Finance Ministry’s Microeconomic Indicator Dashboard (MIND) for February 2021, shows that active PAYE employees rose from 649,635 in January 2021 to 670,434 in February 2021. MIND is compiled by Economic Development Policy and Research Department (EDP&RD) in the Ministry of Finance, Planning and Economic

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