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<p>Despite the challenging backdrop of a global pandemic and external economic shocks, according to the 2021 African Economic Outlook Report by the African Development Bank, the continent is expected to reach 3.4 per cent growth this year. Moreover, the continent’s increased debt accumulation has pushed several countries into debt distress with fears that many governments would not be able to access the international capital markets for more funding. Economist, Charles Bwogi joins CNBC Africa for more.</p>


How to reignite Africa’s growth post COVID-19

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<p>As airlines across the continent count their losses, Uganda Airlines is dusting off plans for possible commencement of services to London and Dubai in May, after securing landing slots at the two destinations. CNBC Africa spoke Economic Analyst, Charles Bwogi on the airline&#8217;s expansion drive and the impact the pandemic had.</p>


Uganda Airlines embarks on ambitious expansion drive

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<p>According to the National Budget Framework Paper 2021/2022 recently approved by parliament, the country’s budget is projected at $12.38 billion, of which $5.66 billion will go to debt servicing.</p>


Uganda’s public debt projected to grow to nearly 50% by June

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<p>Once again, the Kenya, Uganda trade relations are on the verge of straining as Kampala accused Nairobi of stopping its milk from accessing the country. Kenyan farmers last year raised concerns over the influx of cheap Ugandan milk in the country which saw the price of the commodity drop. Analyst Charles Bwogi joins CNBC Africa for more.</p>


Trade spat between Kenya & Uganda flares up again

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<p>The African Development Fund, which is a part of the African Development Bank Group, has approved a $71.5 million loan for the improvement of two roads in the south-western of Uganda. Economic Analyst, Charles Bwogi, joins CNBC Africa for more on.</p>


AfDB approves $71.5mn infrastructure funding in Uganda

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<p>In Uganda, the country shared plans to re-open schools. Furthermore, $3.2 million is estimated to have been stolen in the latest hack incident that compromised Uganda’s mobile money network. Analyst, Charles Bwogi joins CNBC Africa for more.</p>


COVID-19 lock-down: Uganda prepares to reopen schools

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<p>On Thursday, the World Bank approved a $130 million grant to Uganda for road infrastructure in the West Nile sub-region.</p>


World Bank approves $130mn infrastructure grant to Uganda

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<p>As the country prepares to open its skies, Uganda Airlines has developed routes in Africa and is set to join other airlines in the intercontinental market by December this year. Moreover, the country has put in plans to boost border infrastructure for stronger regional trade. Economic Analyst Charles Bwogi spoke with CNBC Africa for more.</p>


Uganda looks to boost border infrastructure for stronger regional trade

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<p>Uganda started her new fiscal year last month and it was notable that the country’s finance minister’s budget reading had not taken the economic shortfalls from COVID-19 into account, but having faced lock-downs and economic hits, how is the East African Community member state planning on recovering? Economic Analyst, Charles Bwogi joins CNBC Africa for more.</p>


How Uganda plans to recover from COVID-19 induced economic shocks

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<p>Since the government came up with the directive forcing all its telecom operators to list a fifth of their shares on the Uganda Securities Exchange to allow locals to benefit from the sector’s profits, the country has now opened a window for East Africans to buy shares in MTN Uganda when the telecom operator sells it 20 per cent equity stake on the local bourse. Moreover, the bourse targets to double the number of investors opening Securities Central Depository Accounts. Analyst Charles Bwogi joins CNBC Africa for more.</p>


MTN Uganda selling 20% shares to EAC investors

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<p>In Uganda, the 3rd National Development Plan was tabled before Parliament in January 2020 by the Minister of State for Planning, a move that was supposed to inform the processing and approval of the budgets for the next five years starting with 2020/2021 financial year. Analyst, Charles Bwogi joins CNBC Africa for more.</p>


Unpacking Uganda’s 3rd National Development Plan

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<p>The Bank of Uganda has reduced its key interest rate by one percentage point to 8 per cent in efforts to mitigate the effects of the COVID-19 pandemic. Analyst Charles Bwogi joins CNBC Africa to discuss movements shaping the Ugandan market.</p>


Bank of Uganda slashes key interest rate to 8%

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<p>Uganda Stock Exchange has dropped 60 per cent in February and in other news, MTN has agreed to a $100 million USD in taxation and listing 20 per cent of its shares on the Uganda Stock Exchange. This is part of the discussion for it to be issued a 14 year long-term operation license. Analyst, Charles Bwogi joins CNBC Africa for more on Uganda’s market.</p>


Lack of investor confidence

Lack of investor confidence, declining company results drags USE to hit an all-time low

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In what appears to be an escalation of trade spats between Kenya and Uganda, Kenya has stopped another Uganda company from exporting milk. Also, Zimbabwe has expressed interest in buying Ugandan maize. Analyst, Charles Bwogi joins CNBC Africa for more.</p>


Kenya rejects more Ugandan milk amid ongoing trade tensions

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In Uganda, a Chinese firm has applied to Ugandan authorities for a licence to develop a $1.4 billion hydropower plant that could expand the country’s generation capacity by 40 per cent. Also, there’s a drive to revive trade between Uganda and South Sudan. Analyst, Charles Bwogi joins CNBC Africa for more on Uganda’s market.</p>


This Chinese firm wants to strengthen Uganda’s electrical generation capacity

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In a move by the government to have all telecommunication firms in the country to list on local bourse, new operating licences will be effective in June under a new regime. Each foreign-owned firm will be required to list at least 20 per cent of its equity on the bourse within two years. Also implementation of digital tax stamps in the country which were introduced in efforts to increase tax compliance and fight counterfeits is facing challenges. Analyst Charles Bwogi joins CNBC Africa for more.</p>


MTN Uganda: Forcing foreign Telcos to list locally may not boost Ugandan ownership

MTN Uganda: Forcing foreign Telcos to list locally may not boost Ugandan ownership, here’s why

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<p>Over the weekend, Uganda&#8217;s President Yoweri Museveni opposed plans by some of his cabinet ministers of Uganda relating to Kenya&#8217;s banning of some Ugandan goods for allegedly being substandard, in the same week a new telecommunications company has entered the Ugandan market. Analyst, Charles Bwogi joins CNBC Africa for more.</p>


charles bwogi

How to reignite Africa’s growth post COVID-19

Uganda Airlines embarks on ambitious expansion drive

Uganda’s public debt projected to grow to nearly 50% by June

Trade spat between Kenya & Uganda flares up again

AfDB approves $71.5mn infrastructure funding in Uganda

COVID-19 lock-down: Uganda prepares to reopen schools

World Bank approves $130mn infrastructure grant to Uganda

Uganda looks to boost border infrastructure for stronger regional trade

How Uganda plans to recover from COVID-19 induced economic shocks

MTN Uganda selling 20% shares to EAC investors

Unpacking Uganda’s 3rd National Development Plan

Bank of Uganda slashes key interest rate to 8%

Lack of investor confidence, declining company results drags USE to hit an all-time low

Kenya rejects more Ugandan milk amid ongoing trade tensions

This Chinese firm wants to strengthen Uganda’s electrical generation capacity

MTN Uganda: Forcing foreign Telcos to list locally may not boost Ugandan ownership, here’s why

This new telecoms company is disrupting the market in Uganda

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charles bwogi

How to reignite Africa’s growth post COVID-19

Uganda Airlines embarks on ambitious expansion drive

Uganda’s public debt projected to grow to nearly 50% by June

Trade spat between Kenya & Uganda flares up again

AfDB approves $71.5mn infrastructure funding in Uganda

COVID-19 lock-down: Uganda prepares to reopen schools

World Bank approves $130mn infrastructure grant to Uganda

Uganda looks to boost border infrastructure for stronger regional trade

How Uganda plans to recover from COVID-19 induced economic shocks

MTN Uganda selling 20% shares to EAC investors

Unpacking Uganda’s 3rd National Development Plan

Bank of Uganda slashes key interest rate to 8%

Lack of investor confidence, declining company results drags USE to hit an all-time low

Kenya rejects more Ugandan milk amid ongoing trade tensions

This Chinese firm wants to strengthen Uganda’s electrical generation capacity

MTN Uganda: Forcing foreign Telcos to list locally may not boost Ugandan ownership, here’s why

This new telecoms company is disrupting the market in Uganda

News Tips

Advertise With Us

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