Economy

Central Bank Raises Rate to 12% as Inflation Risks Increase

Economy Sarah Okello -
The central bank raised its benchmark interest rate by 225 basis points to 12% on Wednesday, citing rising inflation risks from higher global oil...

Uganda Must Guarantee Farm Prices and Expand Domestic Markets, Nalunga Says

Economy Ibrahim Ojuku -
SEATINI Uganda executive director urges price stabilisation, value addition and stronger local demand to protect farmers from volatile export markets Uganda must guarantee fairer prices...
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Museveni Sets Out Five Priorities to Accelerate Uganda’s Economic Transformation

Economy Sarah Kamanyire -
President Yoweri Museveni has called for faster economic transformation, urging Ugandans to address persistent challenges including household poverty, transport...

Parliament Approves Five-Year Fiscal Charter as Uganda Targets Debt Reduction and $500bn Economy

Economy Moses Kabasibante -
Uganda’s Parliament has approved a five-year fiscal policy framework aimed at reducing public debt, curbing expensive commercial borrowing and...

Uganda’s Ten-Fold Growth Plan Opens New Opportunities for Insurance Sector — NPA

Economy Sarah Kamanyire -
Uganda’s plan to grow its economy tenfold to $500 billion by 2040 will require a stronger insurance industry capable...

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

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

Ggoobi Links Affordable Energy to Uganda’s $500 Billion Economic Target

Economy Sarah Kamanyire -
Uganda’s ambition to grow its economy to $500 billion by 2040 will depend on reliable and affordable energy to...

Uganda Business Confidence Rises as Exports Grow 10.1%

Digital Economy Felix Kyeyune -
Uganda’s private sector showed stronger confidence in August 2026, with business sentiment improving even as the shilling weakened and...
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