Sectors News Results

  • Uganda Central Bank Holds Key Lending Rate at 6.5%

    KAMPALA Uganda--Uganda's central bank held its benchmark lending rate at 6.5% on Thursday as Africa's top coffee exporter maintains interest rates at record lows to spur growth, weighed down by the Covid-19 pandemic. Central bank governor Emmanuel Tumusiime-Mutebile said in a statement that the latest wave of the pandemic had interrupted the recovery of East Africa's third-largest economy, due to restrictions aimed at containing the spread of infections.

Search News

Filter Results

Publication Date

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.