Kampala, Uganda | THE INDEPENDENT | The consumption of food per person per year in Uganda declined between the period 2013 and 2019, a Uganda Bureau of Statistics (UBOS) report notes. According to the ‘food balance sheets report’ data, food availability from starchy roots was initially estimated at an annual …
Read More »URA’s Shs1tn first quarter surplus
Economic experts warn that it is too early to celebrate the performance Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has recorded a surplus in revenue collection for the first quarter of the Financial Year 2020/21 amidst the coronavirus pandemic but economic experts warn it is too early to …
Read More »Are we ready for more COVID dead?
INEVITABLE COVID DEATHS: Here’s why government thinks it is ready Kampala, Uganda | THE INDEPENDENT | Case. Fatality. Rate. That is a measure of how many people die when struck by a disease. And it is one of the most important numbers the Ministry of Health is now looking at …
Read More »Uganda’s elite crisis
Why Dr. Kizza Besigye is right to say elites in Uganda are the most useless class THE LAST WORD | ANDREW M. MWENDA | Opposition leader Dr. Kizza Besigye has argued that elites in Uganda are the most useless group in the country. Let us test this thesis and seek …
Read More »More than half of businesses cut salaries in March, April – UBOS
Kampala, Uganda | THE INDEPENDENT More than half of the businesses in Uganda cut the salaries of their employees in March and April 2020 as the country entered into tough restrictions to stem the spread of coronavirus, a survey by the Uganda Bureau of Statistics (UBOS) has said. According to UBOS, …
Read More »Services, wholesale and retail sectors gain
As COVID-19 lockdown measures hit agriculture, construction and industry Kampala, Uganda | JULIUS BUSINGE | For the first time since February, the headline Stanbic Bank Purchasing Managers’ Index (PMI) crossed into positive territory recording a reading of 50.3 during July, up from 46.5 in June. This is a significant recovery …
Read More »Cross-border informal exports fall by 99%
Kampala, Uganda | THE INDEPENDENT | Small-scale traders operating around Ugandan borders have suffered one of the biggest tumbles with coronavirus bringing their operations to near zero, official figures show. The scale of the impact is shown in the figures compiled by the Bank of Uganda in March, April and …
Read More »House prices fell in Kampala, Wakiso between April and June – UBOS
Kampala, Uganda | THE INDEPENDENT | Residential houses prices in Kampala and Wakiso fell between April and June 2020, an exciting time for Ugandans with cash to buy at a bargain according to Uganda Bureau of Statistics (UBOS). The statistics body says that prices of houses dropped by 3 percent in …
Read More »Elections could kill Uganda economy
What international money lenders fear most about 2021 Kampala, Uganda | THE INDEPENDENT | Increased government spending and borrowing as President Yoweri Museveni seeks re-election could destabilise the economy in FY2020/21. That is the view of the latest report by the international credit rating agency, Fitch. It is backed by …
Read More »Ugandans paid more for eggs, peas in June- UBOS
Kampala, Uganda | THE INDEPENDENT | The Uganda Bureau of Statistics has revealed that Ugandans were in June charged high prices for some food items compared to May 2020. This is according to the Consumer Price Index (CPI) which measures what Ugandans pay for various goods and services. The June …
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