NAIROBI, Kenya | Xinhua | Kenya and Uganda have officially begun talks to extend the petroleum products pipeline from Eldoret in western Kenya to the Ugandan capital of Kampala. The Kenya Pipeline Company (KPC) said on Tuesday that the project, poised to significantly impact the region’s fuel import market, will …
Read More »Terror attacks vs economic recovery
Economic recovery could be negatively impacted but that will depend on how the government handles the situation, experts say | THE INDEPENDENT | Uganda’s economic recovery could backtrack due to the current terror threats and compounded Covid-19 hit, but experts believe, the government can still manage the situation. The country …
Read More »2020/2021 election economy
Tough times ahead as miscalculated spending, political activities and coronavirus threaten fast recovery of economic activities Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy has been on a recovery path following the easing of COVID-19 pandemic lockdown restrictions, but the uncertainty surrounding the upcoming general elections is the latest concern, economists …
Read More »Bad 2016, gloomy 2017 for banks
Experts blame it on bad economy, call for quick fixes Kampala, Uganda | JULIUS BUSINGE | On Sept. 07 Bank of Uganda (BoU) released a delayed annual supervision report for the financial sector for the year ended December 2016. The reasons that delayed the report that normally comes out in …
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