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Articles

September

Coffee Exports Surge in August on Improved Harvest

Coffee exports from Uganda, Africa’s second-biggest producer of the crop,

jumped 42 percent in August amid an improved harvest in the southern and southwestern regions, the Uganda Coffee Development Authority said.

By Fred Ojambo

7th September 2011

Uganda Lifts Benchmark Rate to 16%, Warns of More Increases

Uganda’s central bank boosted its benchmark interest rate by 2 percentage

points to rein in an 18 year-high inflation rate and curb a slump in the shilling.

By Fred Ojambo

6th September 2011

Ugandan Shilling Weakens First Day in 3

Uganda’s shilling, the world’s worst performer this year, weakened for the

first day in three after the central bank’s interest-rate failed to curb demand for the dollar.

By Fred Ojambo

6th September 2011

Lawmakers to Mull Rainforest Allocation to Sugar Company

Ugandan lawmakers will decide whether to allow part of the Mabira Forest

Reserve to be used for sugar production, President Yoweri Museveni said.

By Fred Ojambo

5th September 2011

June

Tullow, Total, CNOOC to Pump Ugandan Oil From Blocks

Tullow Oil Plc (TLW) and its two partners Total SA (FP) and China

National Offshore Oil Corp. will each pump oil from a separate block, Tullow’s Ugandan unit said. The oil from the three blocks owned by the partnership will be fed into a single refinery for processing, Elly Karuhanga, the

By Fred Ojambo

3rd June 2011

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