Uganda Business Predictability

Predictability is possible because of macro-economic stability with inflation maintained at single digit level for over 10 years from a record high of 240% in 1988.

The country has also had an annual and fairly stable economic growth averaging 6% per annum, a result of good macroeconomic policies and political stability.

Since 1986, Uganda has implemented a radical economic program aimed at reversing the past economic stagnation in the country.

As a result, the country has achieved macroeconomic stability characterized by over twenty years of low inflation, stable exchange rates and consistently high economic growth.

Uganda currently ranks as the fastest growing economy in Sub-Saharan Africa and in many ways, has come to reflect the new face of emerging Africa.

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