Tag: Bank of Uganda

IMF Warns of Eroding Global Economic Resilience as Uganda Attends Talks

Finance Sarah Okello -
The International Monetary Fund has urged governments to reduce debt, rebuild financial buffers and strengthen economic resilience as geopolitical...

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...

Parliament Gives Finance Ministry One Week to Explain Dollar Surge

News Darmasco Kaggwa -
Speaker Oboth Oboth postpones debate on rising fuel prices to allow MPs to examine the exchange rate and global...

East Africa Climate Finance Meeting Urges Shift From Dialogue to Investable Projects

Climate Ibrahim Ojuku -
East African countries have been urged to strengthen project preparation, financial planning and regional cooperation to turn climate priorities...

Uganda Capital Markets Need More Listings, Investors, BoU Deputy Governor Says

Business Sarah Okello -
Uganda needs more listed companies, deeper share trading and stronger investor confidence to expand its capital markets and mobilise...

Uganda could face similar currency-abuse debate as Ghana

Finance Stephen Kalema -
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

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

Bank of Uganda to Raise Shs990 Billion Through Treasury Bond Auction

Banking & Finance Moses Kabasibante -
The Bank of Uganda is set to raise up to Shs990 billion through a reopening of three government Treasury...

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

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

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...

MPs Probe Unauthorised Mobile Money Deductions Linked to Online Loans

Digital Economy admin -
Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has raised an alarm about the cost of digital...

Atingi-Ego Says BoU Has Tools to Contain Shilling Pressure

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