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Tag Archives: economy

BoU holds CBR at 9.75% to sustain inflation stability and drive growth

  Potential global inflationary pressures, geopolitical tensions, and tightening global financial conditions  could pose upside risks to inflation Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank has opted to maintain the Central Bank Rate (CBR) at 9.75%, signaling confidence in the stability of domestic inflation and economic activity despite global …

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Agro-industrialisation can unlock Uganda’s economic growth

Its successful implementation requires collaboration of the government, private sector, and development partners COMMENT | DAVID WOZEMBA | Agriculture is often considered the backbone of Uganda’s economy, employing over 70% of the population and contributing roughly 24% of GDP. However, its potential remains largely untapped. One of the challenges limiting the …

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Kamala Harris’s economic priorities

If the Democrats were to win the White House and both houses of Congress, they could implement fiscal policies with a simple majority COMMENT | NOURIEL ROUBINI | With polls suggesting that Kamala Harris has at least a 50% chance of winning next month’s US presidential election, questions about her …

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Intra-African trade values hit US$192 billion

However, this trade performance remains modest compared to regions like Asia and Europe. ANALYSIS | ISAAC KHISA | Intra-African trade recorded an improvement in the past year but remained relatively low compared to other regions, according to Afreximbank’s African Trade Report 2024, titled “Climate Implications of the AfCFTA Implementation.” The report, …

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