Tag Archives: Uganda’s economy

With persevere and watching your expenses, you can go over the hurdles we are experiencing as prices spear through the roof COMMENT | PETER KAUJJU | David Mulongo is one of the routine shoe hawkers along Jinja Road, Nile Avenue and mostly the Old Portbell Road in Kampala City, Uganda’s …

Can government respond to private sector needs amidst pressures related to COVID-19? Kampala, Uganda | JULIUS BUSINGE | KK Foods, exporters of fresh foods and vegetables, enjoyed market opportunities in Europe, US and Canada   until Covid-19 restrictions struck in March last year. Export volumes dropped from 63 tonnes to 40 …

But World Bank warns of looming danger ANALYSIS | THE INDEPENDENT | Uganda’s economy could escape the worst effects of the COVID-19 pandemic and post one of the higher growth figures on the African continent in 2021, according to the latest Global Prospects Report of the World Bank released this …

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has said Uganda’s economy will only expand by 3-4% this financial year, half the earlier projection of 6% as the impact of coronavirus hits home. In the April 2020 monetary policy statement, BoU Governor Emmanuel Tumusiime-Mutebile noted that this is because …

  Kampala, Uganda  | THE INDEPENDENT | Uganda’s economy has been given a clean bill of health with the economy expected to expand by at least 6% in 2020, according to Standard Chartered bank outlook. This is despite the fact the country is going into an election year where some …