AGP Executive Report
Last update: 7 hours agoEconomy: Bank of Uganda raised its policy rate to 12% to slow shilling weakness and contain inflation, but warned tighter credit could trim growth. Charcoal Ban: Parliament has suspended enforcement pending a government review, after traders said billions of shillings’ worth of stock was stranded and MPs raised concerns over the lack of affordable cooking alternatives. Regional Trade: Uganda and South Sudan pledged to ease border barriers and improve security along the Juba–Nimule road; President Museveni said annual Ugandan exports, already about $700 million, could grow further. Oil and Energy: Uganda is still targeting first oil by June 2027, with the East African Crude Oil Pipeline reported 92% complete. Digital Access: The UCC is reviewing its crackdown on unauthorised Wi-Fi resellers after receiving complaints from hotspot providers. Public Health: A Health Ministry report says only about one in 10 Ugandans practises proper handwashing and estimates diarrhoeal diseases kill 33 children under five each day. Business: Nile Breweries marked 75 years in Uganda, saying it sources more than 98% of its raw materials locally and works with about 25,000 farmers.
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