Finance

IMF Warns of Eroding Global Economic Resilience as Uganda Attends Talks

The International Monetary Fund has urged governments to reduce debt, rebuild financial buffers and strengthen economic resilience as geopolitical conflicts, trade tensions and supply-chain...

Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

African Export-Import Bank (Afreximbank) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding...
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Uganda could face similar currency-abuse debate as Ghana

Ghana’s arrest of seven women accused of making “money bouquets” and decorating cakes with banknotes offers a useful warning...

Iceland Approves $8m Grant for Schools, Water Projects in Three Ugandan Districts

The funding will support education, water and sanitation infrastructure in Namayingo, Kwania and Amolatar between 2026 and 2028 The Government...

BoU-SACCO standoff: What happens to SACCOs entering phased licensing after October 1?

The Bank of Uganda’s October 1 deadline for large Savings and Credit Cooperative Organisations (SACCOs) is approaching with uncertainty...

Uganda, World Bank Tighten Project Approval Process to Improve Project Delivery

Uganda and the World Bank have agreed that development projects must pass through the country’s Public Investment Management System...

Atingi-Ego Says BoU Has Tools to Contain Shilling Pressure

Bank of Uganda Governor Michael Atingi-Ego has reassured Uganda’s financial sector that the central bank has sufficient capacity to...

Uganda to Host Second Real Estate and Housing Expo as Government Seeks Affordable Housing Solutions

Uganda will next week host the second edition of the Uganda Real Estate and Housing Expo (UREHE) as the...