World Bank

July 5, 2022

World Bank, UBOS To Release Joint Statement On ‘Middle Income’

The Uganda Bureau of Statistics-UBOS and the World Bank have disagreed on the methodology used in determining the country’s economic status. They will however release a joint statement in the next 24

Business·Uganda·World·World News

July 5, 2022

World Bank: Russia-Ukraine War Dampens Uganda’s Economic Growth

New global shocks and the impacts of the Russia-Ukraine war has dampened Uganda’s economic growth prospects amidst the waning coronavirus pandemic and full re-opening of the economy and a clearer outlook for

Africa

December 29, 2023

World Bank Names Taliercio Country Director For West Africa

The World Bank has appointed Robert Talierco O’brien as the Country Director for Ghana, Liberia, and Sierra Leone in the Western and Central African Regions. Taliercio’s appointment will take effect on January

Disturbing! How Israelites’ Agromax Swindled OPM Cash, Failed To Change Karamoja & Took Off!

When the office of the prime minister gave millions of Shillings to Agromax a company owned by Israelites to establish various irrigation projects in Karamoja, under Northern Uganda Social Action Fund (NUSAF3)

March 20, 2023

News

Uganda Won’t Achieve Middle Income Status Until 2040 – World Bank Warns

Uganda gaining middle Income Status as a country is something President Yoweri Kaguta Museveni has been obsessed with for the past years. In his numerous addresses, Mr. Museveni promised Uganda will soon

July 19, 2021

Africa·Business·Uganda

Opinion: How BoU Will Kill The Ugandan Economy After Coronavirus

By Omongole Richard (Farmer) Uganda’s post coronavirus economic failings are going to come from the IMF/World Bank supervised theoretical economist at Bank of Uganda. You borrow $ 491.5 million, then $151m will

May 9, 2020

Business·News

World Bank Donates Shs57 Billion In Fight Against Covid-19 Pandemic

The World Bank Uganda office has donated Uganda Shillings 57bn (USD 15m) towards the country’s fight to the spread of coronavirus. The money according to Antony Thompson, the World Bank Uganda Country

April 4, 2020

Business·Health·News·World

Top Gov’t Officials In Hot Soup Over Swindling Shs 267bn Aid Money

Ugandan officials could have stashed away a whopping USD 73M (UGX267B) of the aid money from the World Bank between 1990 and 2009, a new research paper suggests. The controversial paper written

February 19, 2020

News

Shock As Respected World Bank Boss Is Caught In Racism Mumble Against Ugandan Mogul Dr. Sudhir Rupaleria

It’s been a shocking morning in Uganda when a high profiled World Bank chief Anne Namara Kabagambe, took on her social media Twitter handle and uttered inner most hurting racist comments onto

January 21, 2020

Business·Hot News·News