AGP Executive Report
Last update: 9 hours agoMonetary Policy: The Bank of Uganda raised its benchmark rate by 2.25 percentage points to 12% as the shilling weakened and inflation risks grew. The move briefly lifted the currency but is likely to make borrowing costlier for businesses and households. Investment: Uganda is courting Italian and Thai investors for agro-processing, manufacturing and technology, while offering Thai investors 10-year tax holidays. Oil and Finance: Uganda’s oil company says first production is targeted for June 2027, with the East African Crude Oil Pipeline 92% complete. Uganda also ranked fourth in Africa’s 2026 financial markets index. Regional Business: Uganda expects a KSh1.17 billion dividend from Kenya Pipeline Company, which reported higher profits and plans further infrastructure investment.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.