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Uganda Economy News. Service for global professionals. Constantly updated news and information about Uganda.
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Latest Uganda Economy News

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  • Ugandan oil deals 'serve foreign firms' 24 Nov 2009 05:10 GMT
    ... Tallow Oil would reap “excessive” profit in Uganda, an advocacy group said yesterday , amid ... the country,” it said. East Africa’s third-largest economy hopes to join major oil- producing states in ...

  • Monday wrap: TSX closes up, gold at another record high 24 Nov 2009 03:54 GMT
    ... agreed to sell its stakes in two Ugandan fields to Italys Eni SpA for up ... data out this week includes revised U.S. GDP growth for the third quarter. Many analysts ... this week are reports on home sales, unemployment, consumer confidence and demand for big-ticket manufactured ...

  • 'Economy is in paralysis' 23 Nov 2009 10:56 GMT
    ... Kampala President Museveni has said Uganda’s economy officially reported to be growing phenomenally is ... cent, marginally down from 8.3 per cent GDP growth in previous years. Critics are likely ...

  • Analyst gives economy a clean bill of health 23 Nov 2009 23:51 GMT
    ... Analyst gives economy a clean bill of health Kampala A ... health Kampala A financial analyst has given Uganda’s investment future a clean bill of health ... issued more bonds to attract investors. Although inflation remains a teething challenge at double digits, ...

  • Uganda: Anti-gay bill puts Uganda in spotlight 23 Nov 2009 10:36 GMT
    ... death has attracted outrage from public in Uganda, with human rights activists arguing that it violates ... discrimination, including dismissal from their places of employment. The annual crime reports from 2007 and ...

  • Uganda's Miserable Showing At the 2009 Food Summit 23 Nov 2009 11:10 GMT
    ... the 2009 Food Summit in Rome that Uganda was improving the sector greatly, a report ... of droughts has doubled making the rain-fed agro-economy unable to cope. The first consequence of this ...

  • Firms to get 'too much profit' from Uganda oil 23 Nov 2009 10:31 GMT
    ... are set to reap "excessive" profit once Uganda starts pumping crude with firms likely to ... said on Monday. East Africa's third largest economy hopes to join the league of oil-producing nations ...

  • Ugandans leave for Arab jobs 23 Nov 2009 21:36 GMT
    ... A total of 128 Ugandans have left to work as guards and ... and social development ministry through its external employment programme, which monitors labour exports from the ...

  • 'Unprofessional accountants affecting economy' 23 Nov 2009 23:51 GMT
    ... The World Bank survey carried out, about three years back, indicates that Uganda has less than the minimum number of accountants that it should have. Mr Gerard Kasanya, ...

  • Whose Community is It Anyway? [opinion] 23 Nov 2009 10:00 GMT
    ... of the architects of British East Africa's Uganda, Kenya and Tanzania. Certainly, the large corporations ... East African Railways Corporation -- provided numerous employment opportunities for the skilled and semi-skilled human ... to the creation of a large African-owned economy this time round, as opposed to being a ...

  • Italian Firm Buys Country's Oil Fields 23 Nov 2009 12:16 GMT
    ... Company has reportedly sold its stake in Uganda to Italian firm, Eni, for $1.5 billion ... and 1979. President Museveni has said Uganda's economy officially reported to be growing phenomenally is in ...

  • Cross-Border Trade Grows But 23 Nov 2009 10:33 GMT
    ... Kampala — INCREASING numbers of Ugandans watch South African TV, enjoy South African ... sector, helping to stabilise exchange rates, hold inflation in check and enable banks to more easily ...

  • Nakumatt Sets Sh1.8 Billion Price for Sale of 30 Per Cent Stake 23 Nov 2009 12:32 GMT
    ... of misfortunes and a weakening of the economy that greatly reduced consumer purchasing power. The ... count currently stands at 22, including the Uganda and Rwanda outlets. The expansion was mainly ... which was characterised by an annual average inflation rate of 26 per cent slowed down ...

  • Rain boosts tea production 23 Nov 2009 23:51 GMT
    ... 46 million kilogrammes. The Acting Secretary General, Uganda Tea Association (UTA), the umbrella organisation of all ... 25,000 hectares of tea. This has created employment for over 62, 000 Ugandans with close ...

  • Country's Miserable Showing At the 2009 Food Summit 23 Nov 2009 12:30 GMT
    ... the 2009 Food Summit in Rome that Uganda was improving the sector greatly, a report ... of droughts has doubled making the rain-fed agro-economy unable to cope. The first consequence of this ...


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