As the political temperature continues to rise in the run up to the 2016 general elections, many business players are pessimistic that the shilling will depreciate further as was the case in 2011.
In 2011 inflation hit double digits up to 30% due to increased government expenditure on electoral activities.
However the Governor Bank of Uganda Emmanuel Mutebile has assured the public that the mistakes committed during the 2011 elections will not be repeated in 2016.
By Ritah Kemigisa The Central Bank has revealed that the Final Investment Decision on the East African Crude Oil Pipeline, EACOP will trigger higher foreign direct...
By Xinhua About a year ago, horticulture farmer Peter Ngorosha started his project of oyster mushroom production at the beginning of the coronavirus pandemic. Immediately he...
By Damali Mukhaye The government has revealed that it has allocated Shs50 billion in the 2021/22 budget for compensation of residents who lost their cattle...
By Stephen Otage The first virtual NSSF- Monitor Publications annual universities career expo closes today with more great speakers lined up to address students on how...
By Ritah Kemigisa The Uganda Revenue Authority (URA) has impounded a truck carrying steel rolls with a tonne of smuggled rice hidden in its chassis. This...
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