AGP Executive Report
Last update: 3 hours agoPublic Finance: With public debt at Shs143.92 trillion, Uganda is leaning more on local borrowing and inviting citizens to buy Treasury bills and bonds, with entry from Shs100,000. Business Pressures: The shilling has crossed Shs4,000 to the dollar as fuel costs climb, squeezing households and firms; private-sector growth has also slowed. Dangote IPO: Uganda’s Capital Markets Authority has cleared eligible local investors to join the refinery’s $1.6 billion share sale, with East Africa offered nearly 20% of the IPO. Regional Trade: Kampala urged South Sudan to protect Ugandan traders’ businesses, while rejecting claims that Uganda is interfering in Kenya’s 2027 election. Local Polls: The Electoral Commission will rerun disputed LC1 votes in batches from October 15 and 19. Ebola Alert: Kenya’s first confirmed case travelled through Uganda before the patient died in Nairobi; Kampala says it is coordinating with regional authorities as contact tracing continues. Commonwealth Ties: Museveni met Secretary-General Shirley Botchwey, calling for stronger African integration and backing proposed climate and youth funds.
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