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Bank of Uganda raises rates to highest levels in nearly 7 years, nods to strong inflation pressures

The Bank of Uganda raised interest rates for the second time in as many months on Monday, citing the risk of increased inflationary pressures due to a weak shilling

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Business activity slows in March | Uganda Business News

Activity in Uganda's economy contracted for the first time in 20 months in March, according to an official survey, as a drop in money supply suppressed consumer demand

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Economy

Goods trade gap falls to near three-year low | Uganda Business News

Uganda's merchandise trade deficit with the rest of the world fell to its lowest level in 35 months in January, helped by a sharp drop in imports of unrefined gold

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Bunagana
Kisoro
Uganda
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Ommodities

Media often tout fintech as answer to Africa's problems, overlooking its downsides

African headlines often praise fintech as solving the continent's economic problems, but some political economists and social theorists challenge this narrative

Uganda
Kenya
South-africa
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National-financial-inclusion-strategy
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South-africa

The unchecked power of Africa's pastors | Uganda Business News

The last 20 years have seen an unprecedented rise of charismatic Pentecostal prophets in Africa and their unchecked influence on social, economic, and political institutions

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Nigeria
Zimbabwe
Zimbabweans
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Zimbabwe-united-family-international-church
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