Uganda’s Annual Headline Inflation for the year ending September 2017 has been recorded at 5.3 percent compared to the 5.2 percent reported during the year ended August 2017.This represents a 0.1 percentage point increase from the previous month. This is slightly above Bank of Uganda’s target of 5%. Releasing the
Read MoreUganda’s Annual Headline Inflation for the year ending September 2017 has been recorded at 5.3 percent compared to the 5.2 percent reported during the year ended August 2017.This represents a 0.1 percentage point increase from the previous month. This is slightly above Bank of Uganda’s target of 5%. Releasing the
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For Many years, Uganda’s pension coverage has been skewed towards the formal sector, specifically through the National Social Security Fund (NSSF), excluding the informal sector, persons who are self-employed and those working in Small and Medium Enterprises (SMEs). However, Uganda Retirements Benefits Regulatory Authority (URBRA) has started opening up the
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Uganda Securities Exchange (USE) on Wednesday launched the ‘USE University Challenge’ in a bid to inculcate an investment culture among students in Universities across the country. The Challenge seeks to give the youth a platform to trade and understand how to invest in shares and bonds listed on the bourse.
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Uganda’s economy is expected to pick up to 4.6% in 2017/18, upfrom a growth rate of 3.9% in 2016/17, according to Barcelona-based Focus Economics. The report released last week says large public investment projects in the transport and energy sectors are expected to fuel growth in the years ahead. “Panelists
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Dickson Mugonjo, 26, grew up in poverty in the hilly areas of Bukinda Sub-County in Kabale district (now Rukiga district). He worked hard to ensure that he changed this status-quo. And when the opportunity came knocking for him to go work abroad through Middle East Consultants- the leading labour exporting
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The role of Bank of Uganda’s legal department has come into question after it emerged that the Central Bank has spent about Shs3bn on external lawyers in a period of about two years. The revelation came into light on Tuesday when BoU officials led by Governor Prof. Emmanuel Tumusiime Mutebile
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Are you planning to start exporting goods produced in Uganda and bring in the much needed foreign currency in the country? These top 5 countries earning Uganda millions of dollars in exports will give you a snapshot on where to start from. The list is derived from figures released by
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President Yoweri Kaguta Museveni has said Uganda is fast becoming a middle-income country with vast investment opportunities in agro-processing, industrialization and the service based sector. "Uganda is moving towards becoming a fast world country based on four sectors; commercial agriculture, industries, services and ICT," he said. The President was meeting
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Hadijah Nalubega, 30, never imagined she would one day become a landlady given the fact that her job in Uganda wasn’t satisfying. However, after securing a job in Qatar through Middle East Consultants, a labour exporting agency licensed by the government in 2014, Nalubega is closer to becoming a landlady.
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