Uganda Bureau of Statistics notes a 0.2% drop in inflation

Uganda Bureau of Statistics notes a 0.2% drop in inflation

The country’s bureau of statistics has noted a drop in headline inflation from 2.1% in April to 1.9% by the end of May. Uganda Bureau of Statistics (UBOS) was able to estimate the drop after implementing a new measurement method used to calculate inflation. This new method includes items onto the consumer price index that was not there previously. Due…

Archbishop Kazimba urges believers to unite and clear Church house loan

Archbishop Kazimba urges believers to unite and clear Church house loan

Archbishop Stephen Kazimba Mugalu has encouraged the faithful believers to unite and contribute towards clearing the Church house loan. The Kampala Road based building loan  is seemingly becoming harder and harder to clear which prompted the Archbishop to call upon Christians in a battle towards clearing the debt. While addressing the media yesterday, Archbishop Kazimba aired out his views in…

Airtel Uganda awaits go signal from government to start investing in treasury bills and bonds

Manoj Murali, the Managing Director, Airtel Uganda

Airtel Uganda is preparing to invest her customer’s savings in treasury bills and bonds run by the government. However,they require permission from the Bank of Uganda in order to push through with this as per the provisions of the National Payment Systems (NPS) Act which was passed in 2002. Basing on Manoj Murali, the Managing Director, Airtel Uganda, the telecommunication…