Economy

Digital Transformation Roadmap, FY2023/24-2027/28

Submitted by on Sun, 08/18/2024 - 19:59

Uganda launched its Digital Transformation Roadmap in April 2023 as an implementation tool aimed to speed up the country’s digital revolution. The roadmap that spans a period of five years (FY2023/24-2027/28) spells out key enablers aimed at actualizing aspirations embedded in the Digital Uganda Vision. These include attaining 90% household connectivity; 90% broadband coverage by geography; and 90% citizens accessing e-services online, among others by 2040.


Bank of Uganda to Start Buying Gold Domestically

Submitted by on Sun, 08/18/2024 - 19:58

In a bid to support its foreign reserves and addressing associated risks in the international financial markets, Central Bank of Uganda will start purchasing locally-produced gold.  

To complement existing measures to accumulate international reserves, imports of raw gold are expected to reduce, contributing to the reduction in total imports, in turn leading to decrease in booth trade deficit and current account deficit.


Environment, Social and Governance (ESG) Framework for Uganda’s Banking Industry

Submitted by on Sun, 08/18/2024 - 19:56

Bank of Uganda launched the ESG framework for Uganda’s Banking sector to guide financial institutions in adopting sustainability practices thereby supporting Uganda’s broader Sustainable Development Goals (SDGs).

The ESG Framework is a set of guidelines and principles that will support the Uganda’s Bankers’ Association member financial institutions in achieving their sustainability goals, assisting their clients in transitioning towards low-carbon and resource-efficient economies while also supporting financial inclusivity and social welfare.


Uganda attains the Mineral Certification Scheme of the International Conference on the Great Lakes Region (ICGLR)

Submitted by on Tue, 05/07/2024 - 12:36

The Regional Certification Mechanism is one of the six tools approved by ICGLR’s 12 Heads of State and is part of the Regional Initiative against the illegal exploitation of Natural Resources (RINR). It is a compulsory regional standard for certification of the 3Ts (tin, tantalum, tungsten) and gold sourced from or transiting across an ICGLR Member State.



Local Government Public Private Partnerships (PPPs) /Pooled Finance Guidelines

Submitted by on Tue, 05/07/2024 - 12:05

Ministry of Finance, Planning and Economic Development launched the Local Government Public Private Partnerships (PPPs) /pooled finance guidelines in December, 2023.  This activity is one of the initatitves aimed at building institutional capacity, human capital and equipping Local Government institutions with tools to effectively identify, develop, procure and implement PPPs.


2024 National Household Census launched

Submitted by on Tue, 05/07/2024 - 12:02

In December 2023, Uganda Bureau of Statistics (UBoS) launched the 2024 National Household Census. This was presided over by H.E the President in a ceremony held at Kololo Ceremonial grounds. The above-mentioned nationwide exercise will begin on the night of 9th May, 2024, and the next day, 10th May, 2024, will be observed as a public holiday to enable a large number of Ugandans to be counted.



Uganda attains the Mineral Certification Scheme of the International Conference on the Great Lakes Region (ICGLR)

Submitted by on Fri, 04/05/2024 - 07:29

The Regional Certification Mechanism is one of the six tools approved by ICGLR’s 12 Heads of State and is part of the Regional Initiative against the illegal exploitation of Natural Resources (RINR). It is a compulsory regional standard for certification of the 3Ts (tin, tantalum, tungsten) and gold sourced from or transiting across an ICGLR Member State.


Digital Transformation Roadmap, FY2023/24-2027/28.

Submitted by on Fri, 03/15/2024 - 13:19

Uganda launched its Digital Transformation Roadmap in April 2023 as an implementation tool aimed to speed up the country’s digital revolution. The roadmap that spans a period of five years (FY2023/24-2027/28) spells out key enablers aimed at actualizing aspirations embedded in the Digital Uganda Vision. These include attaining 90% household connectivity; 90% broadband coverage by geography; and 90% citizens accessing e-services online, among others by 2040.


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