Analysis & Opinions

By Christopher Burke, WMC Africa Government support for the promotion of agriculture in the 2020/21 budget with the scrapping of VAT on agricultural equipment and processed milk are welcome steps in the right direction; however, care is required in the utilization of import duties to pursue import substitution associated with

Stephen Kaboyo, the Managing Director at Alpha Capital Partners On 7th July, BOU issued a circular to commercial banks warning them of the persistently high lending rates and indicating that if nothing is done, it could invoke section 39 of BOU act that gives the Central Bank powers in consultation

A street vendor arranges a display of sandals for sale in downtown Kampala on June 23. Photographer: Esther Ruth Mbabazi/Bloomberg Uganda’s economy will probably expand at the slowest pace in more than three decades this year due to the fallout from the coronavirus pandemic, a locust invasion and floods, the

By Denis Jjuuko Last week we predicted that most parts of greater Kampala will be urban in 30 years. Before that, Kampala’s population is estimated to grow to approximately 7.5 million people in the next 10 years according to the World Population Review. Urbanization means that they will be less

Have you ever imagined the magnitude of impact the courts have to the economy? And without them, there would be lawlessness and hopelessness in society. That is why the Justice and Order sector needs to be highly priotised in the allocation of the budget to enable them execute their duties

The Stanbic Purchase Managers Index (PMI) continues to reflect a slow recovery of business activities amid the coronavirus pandemic after the loosening of lockdown restrictions first announced at the end of May. The Headline PMI posted in June was 46.5, up from 41.9 in May, but still below 50.0 which

Globally, over one billion people belong to cooperatives. The largestcooperative is the Indian Farmers Fertilizer Cooperative Limited (IFFCO) and has businesses in sectors such as rural telecoms, insurance and fertilizers, followed by Credit Agricole – a French bank as well as the largest cooperative bank in the world. In Uganda, we

Tycoon Sudhir Ruparelia Kampala Associated Advocates (KAA), the law firm representing city businessman Sudhir Ruparelia have responded to a statement issued by the Bank of Uganda’s  Governor, Prof. Emmanuel Tumusiime-Mutebile criticizing Court of Appeal’s decision dismissing the  case in which BoU (Crane Bank in receivership) sued the  businessman. In a

             Nairobi is Africa's business hub Kenya’s economy will contract for the first time in almost three decades, according to the International Monetary Fund. The lender now sees gross domestic product shrinking by 0.3% in 2020, compared with an April projection of 1% growth, according to a regional economic outlook

The COVID-19 pandemic continues to represent an unprecedented health and economic crisis, with costs that will be felt most keenly by the poorest segments of the world’s population, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook for Sub-Saharan Africa. “This is a fast-moving crisis” said Abebe