Tag: economic growth

Central Bank Raises Rate to 12% as Inflation Risks Increase

Economy Sarah Okello -
The central bank raised its benchmark interest rate by 225 basis points to 12% on Wednesday, citing rising inflation...

Musasizi Commends Nile Breweries for Tax Contribution, Jobs and Local Sourcing

Economy Moses Kabasibante -
Finance Minister Henry Musasizi has praised Nile Breweries Limited for its contribution to Uganda’s economy through tax payments, local...

Atingi-Ego: Uganda’s Future Wealth Lies in the Minds of Its Young People

Banking & Finance Sarah Kamanyire -
Bank of Uganda Governor Michael Atingi-Ego has urged university students to cultivate curiosity, critical thinking and teamwork, saying Uganda’s...

Musasizi Calls for Unified Planning, Procurement and Accounting to Deliver Uganda’s Growth Agenda

Corporate News Felix Kyeyune -
Finance Minister Henry Musasizi has called for closer coordination among government planners, accountants and procurement officers, saying their integration...

Uganda’s $500 Billion Dream Is Becoming More Realistic, but Revenue Reform Will Decide Its Fate

Banking & Finance admin -
Uganda’s ambition of building a USD 500 billion economy by 2040 has received a significant recalibration. According to Permanent...