Tag: charles bwogi

World Bank approves $130mn infrastructure grant to Uganda

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

Uganda looks to boost border infrastructure for stronger regional trade

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.

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

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.

MTN Uganda selling 20% shares to EAC investors

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.

Unpacking Uganda’s 3rd National Development Plan

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.

Bank of Uganda slashes key interest rate to 8%

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.

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

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.

Kenya rejects more Ugandan milk amid ongoing trade tensions

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.