Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Finance Committee have rejected a proposal by the Uganda Bureau of Statistics (UBOS) to conduct a National Census in 2022. The last national household and population census was carried out in 2014 and the custom is to hold …
Read More »COMMENT: Poverty on the rise
Uganda had more poor people in 2017 than in 1991 indicating a rise in income and food poverty COMMENT | ENOCK NYOREKWA TWINOBURYO | On Feb.19, the Uganda Bureau of Statistics (UBOS) issued a second and revised version of the Uganda National Household Survey (UNHS) 2016/17. The major revision from the first …
Read More »The poverty paradox
UGANDA: Why economic development tends to increase social insecurity leading to anger THE LAST WORD | ANDREW M. MWENDA | A couple of months ago, the Uganda Bureau of Statistics produced its survey showing that between 2012 and 2017, the number of people living in poverty increased from 19 to 27%. This provided …
Read More »Uganda’s inflation drops to 3%
Kampala, Uganda | THE INDEPENDENT | Uganda’s Annual Headline Inflation for January 2018 dropped to 3% from the 3.3% registered in December last year while Core Inflation fell to 2.6% from 3% , according to the latest figures provided by the Uganda Bureau of Statistics (UBOS). This is lower than …
Read More »The good, bad of Uganda’s economy in 2017
Key indicators remain largely unchanged Kampala, Uganda | JULIUS BUSINGE | 2017 appears to have been a good and bad year for Uganda’s economy even as key indicators remained largely unchanged. Bank of Uganda’s monetary policy tamed inflation to below the set target of around 5% as well as stabilised exchange rate …
Read More »Good news on economy
But experts wonder if economy can survive local and regional political turmoil Kampala, Uganda | JULIUS BUSINGE | There is some good news for Uganda’s economy finally. The Central Bank’s latest annual report shows a sharper GDP growth in 2016/17 than had earlier been estimated. The FY2016/2017 growth figures released on …
Read More »Uganda’s annual inflation marginally went up to 5.3% in September
Kampala, Uganda | JULIUS BUSINGE | Uganda’s annual headline inflation for the year ending September 2017 increased from 5.2% to 5.3% in the year ended August 2017, according to official numbers released by Uganda Bureau of Statistics (UBOS) on Sept.29. Officials said the increase was attributed to a rise in …
Read More »August inflation reduces to 5.2%
Kampala, Uganda | JULIUS BUSINGE | Uganda’s annual headline inflation reduced from 5.7% for the year ended July 2017 to 5.2% for the year ending August 2017, representing a 0.5 percentage point drop, Uganda Bureau of Statistics announced on Aug. 31. The statistics body attributed the drop to the decline in …
Read More »BUSINESS: Why sugar price is going up
Factory price of 50kg bag up by 48% in April 2017 There is bad news for sugar consumers in the country going by current issues happening in the industry. Official figures for the year 2016 from industry controllers Uganda Sugarcane Manufacturers Association (USMA) millers – Kakira, Kinyara and SCOUL …
Read More »Uganda’s manufacturing sector slows growth
Sector executives, analysts predict better performance in the second half of 2016/17 The emergence of several structures at the Kampala Industrial and Business Park at Namanve, Uganda’s newest hub for manufacturers seem to give an impressive face of Uganda’s manufacturing sector to whoever glances at it from the Kampala-Jinja Highway. …
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