AGP Executive Report
Last update: 7 hours agoMonetary Policy: The Bank of Uganda will set interest rates on November 9, after raising its key rate to 12% in October to counter sharp shilling depreciation. Regional Business: Afreximbank has begun disbursing a $28 million facility to Ugandan contractor DOTT Services, supporting projects worth about $550 million across Uganda and neighbouring countries. Financial Inclusion: Vision Fund Uganda plans to become a deposit-taking institution by 2029, adding savings services as it expands its rural reach. Local Industry: MPs want Parliament to use locally made Kiira buses for oversight trips, arguing public institutions should help turn home-grown innovation into jobs and viable businesses. Regional Ties: Museveni and Tanzania’s Vice President discussed cooperation on trade, energy, infrastructure and regional integration.
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