economy

economy

Uganda Registers Increased Demand in Industrial Spaces

Uganda Registers Increased Demand in Industrial Spaces

Africa-Press - Uganda. A Knight Frank report indicates that Uganda registered an increase in demand for industrial spaces in the first half of the...
History Made as Africa’S Tripartite FTA Comes into Force

History Made as Africa’S Tripartite FTA Comes into Force

Africa-Press - Uganda. The COMESA-EAC-SADC Tripartite Free Trade Area (TFTA) Agreement officially came into force on Thursday following ratification by the requisite number of...
Growth in Loan Book Boosts Udb’S Profits

Growth in Loan Book Boosts Udb’S Profits

Africa-Press - Uganda. Uganda Development Bank (UDB) has reported a 17 percent growth in profits, supported by a 20 percent rise in its loan...
Gold Sees Value of Uganda’S Imports from Tanzania Soar

Gold Sees Value of Uganda’S Imports from Tanzania Soar

Africa-Press - Uganda. A report by the Ministry of Finance indicates that Uganda now sources more imports from Tanzania than any other East African...
Govt Banks on Green Energy to Grow Electricity Generation

Govt Banks on Green Energy to Grow Electricity Generation

Africa-Press - Uganda. The Ministry of Energy has said government has started developing modalities of how to achieve clean energy by 2040. The plan, Ms...
Gold Rush: African Nations Seek Safe haven Amid Currency Woes

Gold Rush: African Nations Seek Safe haven Amid Currency Woes

Africa-Press - Uganda. African nations have been hit hard by the ripple effects of the pandemic, the war in Ukraine, and rising global interest...
Top 100 Mid-Sized Companies to get Digital Economy Support

Top 100 Mid-Sized Companies to get Digital Economy Support

Africa-Press - Uganda. The Innovations Village has announced that companies that participated in last year’s Top 100 Mid-Sized Company Survey, as well as those...
USAID Commits to Funding Local Ugandan Communities Directly

USAID Commits to Funding Local Ugandan Communities Directly

Africa-Press - Uganda. The United States Agency for International Development (USAID) has reaffirmed its commitment to funding local communities in Uganda by channeling more...
Sweet Taste for Consumers, Bitter Loss for Cane Farmers

Sweet Taste for Consumers, Bitter Loss for Cane Farmers

Africa-Press - Uganda. Consumers are enjoying the lowest retail price for sugar in five years, with a kilogramme now costing Shs3,500 in many shops...
Govt Needs Shs6.4 Trillion to Implement E-Mobility Strategy

Govt Needs Shs6.4 Trillion to Implement E-Mobility Strategy

Africa-Press - Uganda. Government indicates that it will need at least $1.74b (Shs6.4 trillion) in the five years to 2028 to implement the e-mobility...