MTN Uganda, the country?s largest telecoms firm, has eliminated some charges on its mobile money platform.
A Ugandan government move to require foreign-owned telecom firms to list on the local bourse may fail to achieve its goal.
The airline is considering expanding its destinations to include Kinshasa, Zanzibar, Lusaka, Asmara, Hargeisa, Djibouti and Addis Ababa.
It is the first time the Bank of Uganda has changed its main rate since October last year.
Uganda on Tuesday relaunched its national carrier, Uganda Airlines, hoping to take a slice of the East African aviation business.
Profit before tax rose to 182. 8 billion Ugandan shillings ($50 million), the unit of South Africa?s Standard Bank said on Tuesday.
The company secured the loan in May from the Overseas Private Investment Corporation (OPIC).
Uganda exported 395,097 60-kg bags of coffee in January, slightly lower than the 401,930 bags shipped in same month last year.
Inflation is expected to climb but flatten out around the central bank?s target of 5 percent over the next 12 months according to the IMF.
Carico Café Connoisseur said the move could help to boost farmers? incomes, as consumers pay more for goods origins that can be traced.
MTN Uganda sees strong data sales helping 2016 revenue rise 7 to 10 percent .
Kenya and Uganda reach a final decision on the route for a crude pipeline linking their newly found oilfields to the Kenyan coast.
The inflation rate in Uganda has been driven higher for the second consecutive month by an increase in non-food prices.
