Business news

July 15, 2020

Dried tropical fruit from Uganda, Ready for the world

By The Second Opinion Reporter The European market for dried tropical fruit is expected to show stable growth of 5% to 6% in volume annually, this growth trajectory […]
July 15, 2020

Ecobank Group named Africa’s best bank for corporate responsibility

By Our Reporter Ecobank, which also operates in Uganda,  has won the coveted prize of Africa’s Best Bank for Corporate Responsibility in the Euromoney Awards for Excellence […]
July 10, 2020

Tough times as COVID-19 makes Ugandan households to spend 30 percent less

By Our Reporter Currently, on average, Ugandan households spend Shs 10,800 per day, down from Shs 14,100 in January 2020. The drop is sharper in rural […]
July 10, 2020

Uganda’s GDP to go further negative in 2021 as Covid-19 hits hard economy

By George Mangula The latest World Bank’s Uganda Economic Updates projects that the country’s real GDP growth of between 3–3.3 percent in FY20 (from 6.5 percent […]