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Tag Archives: 10

BoU maintains lending rate at 10 percent

The Bank of Uganda has maintained the benchmark central bank rate at 10 percent. Kampala, Uganda | THE INDEPENDENT | Governor BoU Emmanuel Tumusiime Mutebile says that the 12-month inflation forecast has improved slightly relative to October 2018 forecast. The Consumer Price Index data by Uganda Bureau of Standards indicates that …

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10,000 register to join Muntu’s new formation

Kampala, Uganda | THE INDEPENDENT | More than 10,000 people have expressed interest to join, the New Formation of Mugisha Muntu, the former Forum for Democratic Change (FDC) party President. Alice Alaso, the former Serere District Woman MP, says that popularizing the new formation is on-going before it is finally launched …

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Ethiopian Airlines to purchase 10 new aircrafts

Kampala, Uganda | THE INDEPENDENT | Africa’s fast growing carrier, Ethiopian Airlines, has signed a purchase agreement with Bombardier for 10 new Q400 aircrafts. Bombardier Commercial Aircraft said on April 27 that the value of the transaction is worth US$332 million. “The Bombardier turboprops continue to deliver unmatched performance to our …

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