The Bank of Uganda did not wait for its next scheduled meeting. At a special Monetary Policy Committee sitting on Wednesday, the central bank raised the Central Bank Rate (CBR) by 225 basis points, from 9.75% to 12%. The benchmark…
Education stakeholders urge school proprietors to strengthen financial management, professional leadership and succession planning to secure the future of their institutions. A school’s success is often measured by its academic performance, enrollment and infrastructure. But for retired Commissioner for Secondary…
Uganda’s Treasury market is offering investors less income on new securities than it did a few months ago, even as demand for government debt remains strong. In August, the yield on the 364-day Treasury bill fell to 11% from 11.5%…
A litre of petrol can cost markedly different amounts on either side of an East African border, even though all three countries depend heavily on imported fuel. In late September, a litre of petrol in Uganda was trading at about…
Anne Juuko knows what it means to take over a bank at an awkward time. In March 2020, she became Chief Executive of Stanbic Bank Uganda. Within weeks, Uganda was in lockdown, businesses were struggling and banks were restructuring loans…
A Shs42.6 billion dividend payment from Airtel Uganda has added to the income generated by the National Social Security Fund (NSSF), highlighting how the retirement fund is using workers’ savings to acquire stakes in businesses across Uganda’s economy. The payment,…
Uganda’s ambition to build a US$500 billion economy by 2040 will depend partly on how effectively it converts its mineral wealth into productive businesses. Yet, beyond the minerals beneath the ground lies another resource with significant economic potential: an estimated…
Uganda plans to raise about Shs12.7 trillion in net domestic financing in FY2026 For businesses, the important question is what that borrowing will do to the cost and availability of credit. The Bank of Uganda says the domestic financial market…
Uganda’s National Social Security Fund has delivered its biggest return in four decades, but the record payout also highlights a much larger question: how many Ugandans are saving consistently enough to benefit from long-term investment? For the financial year ended…
For a business, the most important question about Uganda’s September–December 2026 rainfall season is not simply how much rain will fall. It is what happens to the business if a key road becomes impassable, a supplier cannot deliver, stock is…
Uganda’s external position is improving, but the shilling is telling a more complicated story. In the 12 months to June 2026, Uganda recorded a US$2.39 billion balance-of-payments surplus, more than double the US$1.03 billion recorded a year earlier. International reserves…
Uganda’s shilling has come under renewed pressure in September, with the currency moving towards the Shs4,000-per-dollar mark as businesses increase their demand for foreign currency amid higher energy costs, import requirements and uncertainty in global markets. On September 17, commercial…
A year after changing its name from PostBank Uganda, Pearl Bank has crossed UGX1 trillion in lending, giving the government-owned bank one of its clearest growth markers since the rebrand. The loan book stood at about UGX760 billion at the…
Uganda has moved closer to one of its most ambitious economic targets. The economy, according to Trade and Industry Minister Sanjay Tanna, has grown from roughly $50 billion when the government set out its $500 billion ambition to about $69…
For decades, getting a formal loan in East Africa depended on a familiar set of questions: Does the borrower have a salary? A bank account? A credit history? Collateral? For millions of people working outside formal employment or running small…