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Why funding nature-based solutions is crucial to tackling climate change and biodiversity loss. Nature-based investments are already profitable and scalable, and could create 395 million jobs by 2030, but receive only 15% of the investment of traditional climate solutions
Economy - Uganda Business News
Sep 30, 2024 · Inflation falls to 3.5% in August. Uganda's inflation fell sharply to a four-month low of 3.5 per cent in August, the first decline in as many months and faster than expected as service prices slowed. August 30, 2024. Economy Health.
Markets - Uganda Business News
Sep 10, 2024 · Airtel’s profits fall on higher costs and currency sting. Airtel Uganda reported a decline in profitability in the first half as costs, including access charges and content, outpaced revenues and unrealised foreign exchange gains fell sharply. September 10, 2024. Companies Corporate earnings and results Markets.
Companies - Uganda Business News
Sep 19, 2024 · Private sector activity expands at fastest pace in more than a year. Uganda's private sector activity grew at the fastest pace in 14 months in August, pointing to rising demand as the country's economic recovery gains momentum. September 4, 2024. Companies Corporate earnings and results Markets.
US warns companies of risks of doing business in Uganda
Oct 25, 2023 · The US issued a “business advisory” on the potential “financial and reputational risks resulting from endemic corruption” in Uganda, as well as “violence against human rights activists, media members, health workers, members of minority groups, LGBTQI+ persons, and political opponents.”. It said that the anti-homosexuality act ...
BoU cuts rates, lowers inflation forecast - Uganda Business News
Aug 7, 2024 · Despite inflation reaching a 13-month high in July, and core CPI accelerating for four months in a row, the Bank of Uganda cut its benchmark interest rate, the first easing since March when borrowing costs were raised in response to the sharp depreciation of the shilling. The central bank on Wednesday cut its policy rate by 25 basis points to ...
Mergers & Acquisitions - Uganda Business News
Nov 18, 2023 · Uganda’s Sarrai buys Hima Cement from Swiss Holcim Group. Sarrai Group and another Ugandan company will own 100 per cent of Hima Cement and its Rwandan subsidiary once the transaction closes. November 16, 2023. Companies Mergers & Acquisitions.
Bank of Uganda shuts down EFC Uganda, takes control
Jan 19, 2024 · EFC Uganda Limited was closed by the Bank of Uganda on Friday for failing to meet minimum capital requirements and for what it called “poor corporate governance.”. Bank of Uganda said it has placed the microfinance deposit-taking institution under liquidation, revoked its licence, and ordered it to wind up its affairs.
Business activity edges higher in July | Uganda Business News
Aug 5, 2024 · Uganda’s private sector grew at a faster pace in July as output and new orders picked up for the fourth month running, according to a closely watched business survey. All five sub-sectors monitored reported growth in both output and new orders, improving on June when only wholesale & retail, industry, and construction recorded gains.
Energy, Oil & Gas | Uganda Business News
Jul 30, 2024 · Regulator raises Umeme electricity tariffs. The electricity sector regulator said it had increased domestic tariffs for electricity supplied by Umeme Limited by 2.7 per cent in the second quarter, and overall tariffs by an average of 2.5 per cent. April 4, 2024. Companies Corporate earnings and results Energy, Oil & Gas Markets.