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Tanzania's Inflation Accelerates to 4.3% as Transport Costs Surge by 13.8%
5+ day, 13+ hour ago (337+ words) Tanzania's inflation rate hit 4.3 percent in August, driven entirely by a staggering 13.8 percent spike in the transport sector that threatens EAC trade. Tanzania's annual inflation rate accelerated to 4.3 percent in August 2026, driven by a sharp 13.8 percent surge in the transport…...
Uganda Oil Investment Reaches Shs26.6 Tn
1+ week, 5+ day ago (330+ words) KIKUUBE: Investment in Uganda’s oil and gas industry has reached about $7 billion (Shs26.6 trillion), with local companies securing contracts worth $2.27 billion (Shs8.6 trillion) as the country moves closer to commercial production, the energy ministry said on Wednesday. Energy Ministry Permanent Secretary Irene…...
Uganda: Museveni to Name Uganda's Crude Oil Today At Kingfisher
1+ week, 5+ day ago (308+ words) Uganda will today unveil the name of its crude oil, giving the grade a commercial identity ahead of its planned entry into the global market, at a ceremony at the Kingfisher production facility on the shores of Lake Albert. President…...
Tanzania pledges to implement various monetary policies, regulatory measures to curb inflation
2+ week, 5+ day ago (205+ words) DODOMA: THE Tanzanian government says it will continue implementing various policy and regulatory measures to enable commercial banks to provide loans at more affordable interest rates, including maintaining monetary policies aimed at controlling inflation. Deputy Minister for Finance Laurent Luswetula…...