AGP Executive Report
Last update: 11 hours agoBudget Priorities: Government released Shs21.82 trillion for Q2 of FY2026/27, including Shs224.5 billion for agro-industrialisation, Shs46.7 billion for oil and mineral development, and Shs372.9 billion for science, technology and connectivity. Productive Finance: I&M Bank has expanded financing for pickups and tractors, with monthly payments of Shs4.6 million and Shs2.3 million respectively, to help businesses invest without tying up working capital. Trade and Value Addition: Uganda and Oman signed a business-chamber pact covering agriculture, mining and tourism. The opportunity is substantial: Uganda exported just $7.68 million to Oman in 2025, against bilateral trade of about $422 million. Local Supply Chains: Nile Breweries marks 75 years, reporting that more than 98% of its raw materials are sourced locally and that it supports about 25,000 farmers. Energy Policy: Parliament paused enforcement of the charcoal ban until October 21, giving government time to explain how households can access affordable alternatives. Credit Costs: Bank of Uganda’s rate hike to 12% is raising concern about the cost of borrowing for businesses.
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