Finance Trust is preparing for life after Annet Nakawunde Mulindwa. The bank announced on September 1 that its long-serving Managing Director will leave in November 2026 to take up a new international leadership opportunity, ending nearly 15 years at the…
The Uganda Shilling has been under pressure, but Bank of Uganda (BOU) Governor Michael Atingi-Ego does not believe that automatically gives the central bank reason to intervene. The Shilling weakened by about 3.2 percent against the US dollar year on…
Uganda’s US$500 billion economic ambition comes with a financial requirement that is almost as striking as the target itself, private-sector credit will have to rise from roughly Shs30 trillion today to more than Shs490 trillion by 2040. That means the…
Uganda is about to find out whether having more dollars is the same thing as having a stronger currency. As the country moves closer to commercial oil production, billions of dollars could begin flowing through an economy that already depends…
Uganda is building up its financial reserves, but the strategy is exposing a bigger question about the country’s economic resilience, can Uganda generate enough foreign currency to make those reserves sustainable? The Bank of Uganda has begun buying locally produced…
For decades, a bank’s strength was measured by the size of its branch network. Marble-floored banking halls, long queues and expansive physical footprints symbolised stability and reach. Today, that definition is rapidly changing. Across Africa, the most important branch may…
One year ago, one of Uganda’s leading homegrown commercial banks embarked on one of the most significant transformations in its history. The institution formerly known as Post Bank Uganda unveiled a new identity as Pearl Bank, signalling far more than…
For much of the past five years, one of the most consequential economic decisions in Uganda has not been made in Parliament or announced in a national budget. It has been made quietly inside bank boardrooms through a simple question:…
For generations, Uganda’s economy has been defined by what leaves its borders. Coffee is shipped to Europe and Asia. Gold enters international commodity markets. Tea, fish, flowers and agricultural products move through regional and global supply chains. Export growth has…
Reaffirming that ”Uganda is home,” MTN Uganda has assured customers and the public of it’s unwavering long term commitment to the country following speculation that arose after a network shutdown caused by power failure at one of its data centres.…
MTN Uganda Chairman and prominent businessman Dr Charles Mbire is set to headline the inaugural SBG Securities Investor Day on Friday, June 26, 2026, as part of an initiative to drive local participation in Uganda’s financial markets. The event will…
NCBA Bank Uganda has reaffirmed its commitment to strengthening Uganda’s financial markets, positioning the sector as a critical enabler of the country’s economic transformation ambitions. The bank’s Global Markets Division participated in the ACI Financial Markets Authority (FMA) Uganda Dealers’…
As Africa’s economies navigate intensifying global uncertainty, accelerating digital disruption, climate-linked financial pressures, and shifting geopolitical trade dynamics, central banks across East Africa are quietly moving toward deeper coordination. While still informal and evolving, this trajectory signals the early formation…
The transition in leadership at the Uganda Bankers Association comes at a pivotal moment for Uganda’s financial sector, defined by accelerating digital disruption, tightening macroeconomic conditions, rising credit risks, expanding regional integration, and the rapid emergence of artificial intelligence as…
As Artificial Intelligence (AI) matures from a digital novelty into a foundational pillar of the global economy, the National Social Security Fund (NSSF) has launched a high-level dialogue on the future of work. The 16th edition of the NSSF Career…