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Uganda Country Update - 2013-06-18
- Country news
- 21 hours ago
- by Economist Intelligence Unit
Outlook for 2013-17: Forecast summary Forecast summary ( % unless otherwise indicated) 2012 a 2013 b 2014 b 2015 b 2016 b 2017 B Real GDP growth 5.1 c 5.7 6.9 6.7 6.8 12.5 Consumer price inflation (av) 14.0 5.8 7.0 7.2 15.4 9.4 Consumer price inflation (end-period) 5.3 8.5 6.5 10.0 12.0 5.0 Lend...
- Countries : Uganda
Quick View - Central Bank Cuts Main Policy Rate
- Country news
- Jun 6, 2013
- by Economist Intelligence Unit
Event The Bank of Uganda (BoU, the central bank) cut the main policy rate from 12 % to 11 % on June 6th . Analysis This is the 1st change in the policy rate in 2013, after a series of reductions in 2012 brought the rate down sharply from 23 % in February to 12 % in December. The monetary policy statement outlined 2 key reasons for the decision: an improvement in the inflationary outlo...
- Countries : Uganda
Imf Says Low Inflation In Uganda Spurs Business Confidence
- Country news
- May 17, 2013
- by All Africa Global Media
Uganda's low inflation , signs the economy is gaining momentum are boosting business confidence, , growth could reach 6-7 % in the medium term despite the loss of foreign aid, the IMF said on Wednesday. Price pressures in east Africa's 3rd-largest economy hit an 18-year high in October 2011 but have eased , inflation has been in single digits since September last year. He...
- Countries : Uganda
Uganda Country Update - 2013-05-16
- Country news
- May 16, 2013
- by Economist Intelligence Unit
Outlook for 2013-17 The president, Yoweri Museveni , , his National Resistance Movement (NRM) have ruled Uganda since 1986 , will continue to dominate the political scene following a resounding victory in the 2011 elections. The negotiation of oil contracts will prove controversial , the opposition will seek to stoke public resentment over the perceived inequity , corruption in...
- Countries : Uganda
Uganda Country Update - 2013-05-16
- Country news
- May 16, 2013
- by Economist Intelligence Unit
Outlook for 2013-17: Forecast summary Forecast summary ( % unless otherwise indicated) 2012 a 2013 b 2014 b 2015 b 2016 b 2017 b Real GDP growth 5.1 5.7 6.9 6.7 6.8 12.5 Consumer price inflation (av) 14.0 c 6.1 7.0 7.2 15.4 9.4 Consumer price inflation (end-period) 5.3 c 8.5 6.5 10.0 12.0 5.0 Lending rate (av)...
- Countries : Uganda
Bank Of Uganda Holds May Cbr At 12 Percent
- Country news
- May 6, 2013
- by All Africa Global Media
The Bank of Uganda has held its benchmark rate, the Central Bank Rate (CBR) at 12 % for the fifth straight month following subdued inflationary pressures in April. Releasing the Monetary Policy statement for the month of May in Kampala last week, Prof. Emmanuel Mutebile , the Governor Bank of Uganda said that a neutral monetary policy stance was warranted because the annual headline , ...
- Countries : Uganda
Local Investors Beat Foreign Firms In Job Creation
- Country news
- May 5, 2013
- by All Africa Global Media
A just released investor survey indicates that domestic private investors create more jobs compared to their foreign counterparts. For example, it said domestic investors employed 38,491 workers, with each project employing about 103 people on average compared to the foreign investors who created 33,373 jobs. Another 1,917 jobs have been created by joint ventures with an average employment of ...
- Countries : Uganda
Low Demand For Goods Pushes Inflation Down [daily Monitor, The (uganda)]
- Country news
- May 2, 2013
- by Al Bawaba Ltd.
Stability in the price of manufactured goods, especially sugar, , the decline in meal charges in restaurants has helped Uganda to register a decline in inflation rate. The decline means the public spent less on manufactured goods in April 2013 compared to April 2012 . The Consumer Price Index (CPI) released by Uganda Bureau of Statistics (Ubos) Tuesday, shows that Uganda's annual...
- Countries : Uganda
Local Annual Inflation Rate Falls To 3.4 Percent
- Country news
- May 1, 2013
- by All Africa Global Media
Uganda's year on year inflation rate eased to 3.4 % in April from 4.0 % a month earlier, the Uganda Bureau of Statistics , the national statistics body reported on April 30 . The decline was a...
- Countries : Uganda
Inflation Slows In April
- Country news
- Apr 30, 2013
- by All Africa Global Media
Falling food prices slowed Uganda's headline inflation rate in the year to April but analysts still broadly expected the central bank to leave its key lending rate unchanged for a fifth straight month this week. The central Bank of Uganda has maintained a cautious monetary stance in 2013, leaving its Central Bank Rate at 12 % since December as it balances supporting growth , curbin...
- Countries : Uganda
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