This ease in the inflation rate is due to the fading impacts of global shocks like the war in Ukraine and COVID-19, the recent tightening of monetary policy and the exchange rate that has stabilised since March
This comes as the revenues of Uganda’s largest media company continue to fall, amidst what they call a challenging business environment that has affected sales, but also operating expenses. The company’s Managing Director, Don Wanyama has now informed shareholders, potential investors, and the General Public on the likelihood of a loss for the half year, just ended.
The first regional sitting is scheduled for August 29 and 30 at Kaunda Playgrounds in Gulu City's Bardege-Layibi Division, with additional sittings planned for Mbarara, Masaka, and Mbale. These sittings will cover Uganda's four traditional regions: Northern, Eastern, Western, and Central.
