The banking sector is predominantly foreign-owned, with a Bank of Uganda report showing that only 11 percent of commercial banks are locally owned, while 89 percent are foreign-owned ...
In its World Economic Outlook, the IMF said rising spending pressures, higher borrowing costs, and fragile global growth ...
The rapid rise of gold now signals a rebalancing driven largely by external price dynamics rather than a surge in domestic ...
ALONG RIVER RWIZI, Uganda — Along a stretch of bush by a muddy river, laborers dug and slashed in search of bamboo plants buried under dense grass. Here and there a few plants had sprouted tall, but ...
GULU, UgandaGULU, Uganda — The charcoal makers in the forests of northern Uganda fled into the bush, temporarily abandoning their precious handiwork: multiple heaps of timber yet to be processed. The ...
“We thought we would have the first inception meeting to get to know what they are going to do, how the community is going to benefit, which was not done,” says Kasese district’s deputy chairman, Hamu ...
Kampala has opened talks on a fresh IMF programme. On 2 September Uganda’s finance ministry announced it is negotiating a new Extended Credit Facility after the previous three-year, nearly $1bn ...
The East African on MSN
Why Uganda’s election has East Africa on edge
Uganda’s vote on Thursday may be a domestic affair. But its outcome will reverberate across ...
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Uganda's President Says Strong Election Victory Over His Youthful Challenger a Taste of His Strength
President Yoweri Museveni has told the nation that his landslide victory in Uganda’s election showed the dominance of his ...
Maria Jouste is a Research Associate at the United Nations University World Institute for Development Economics Research (UNU-WIDER). She is currently involved in a project focused on analysing ...
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