Key leaders who gathered at the inaugural Kampala Blockchain Summit, held on Tuesday, November 25, 2025, agreed that the future of Uganda’s economy lies in harnessing the potential of emerging technologies like blockchain to boost national productivity. The central challenge…
The official handover of the operating license to Pearl Bank Uganda Limited by the Governor of the Bank of Uganda (BoU), Dr. Michael Atingi-Ego, marks a significant milestone that dramatically repositions the institution for accelerated growth in market share. The…
The Bank of Uganda (BoU) has moved to dispel persistent confusion regarding the oversight of Savings and Credit Co-operative Organisations (SACCOs), firmly stating that it retains full supervisory authority over large SACCOs as mandated by law. According to Mr. David…
President Yoweri Kaguta Museveni officially commissioned the Kiira Vehicle Plant in Jinja on Friday, September 26, 2025, marking a monumental day for Uganda in terms of industrialisation. The event cemented the nation’s position as a regional leader in mobility innovation…
In a significant high-level meeting, Sunil Taldar, the Group CEO of Airtel Africa, met with the Governor of the Bank of Uganda, Dr. Michael Atingi-Ego, along with the leadership of Airtel Uganda, led by the Managing Director, Soumendra Sahu, and…
The Bank of Uganda (BoU) is taking decisive action to integrate climate change into the nation’s financial bedrock. Speaking on Thursday at the Inaugural National Private Sector Engagement Forum on Climate Finance held at the Serena Hotel, Kampala, Dr. Michael…
The Bank of Uganda (BoU), under the leadership of Governor Dr. Michael Atingi-Ego, early this week participated in the Treasurers and Insurance Roundtable held in Washington, D.C., USA a pivotal global convening that brought together leading practitioners from the humanitarian…
The Uganda Development Bank (UDB) is being lauded for its pivotal role in driving Uganda’s socio-economic transformation, significantly contributing to the nation’s economic growth and the realisation of the government’s development goals. Through strategic investments in key sectors, such as…
The Bank of Uganda (BOU) has unveiled its Strategic Plan 2022-2027, aimed at promoting macroeconomic stability, financial sector development, and sustainable, people-centred growth. According to Prof. Augustus Nuwagaba, the Deputy Governor of BOU, the Bank’s role goes beyond monetary policy…
The Uganda Bankers’ Association (UBA) has appointed Mr. Wilbrod Owor,its Executive Director, as the Secretary for its Central Executive Committee, for a one-year term, spanning from 2025 to 2026. This appointment to the UBA Central Executive Committee (CEC) is a…
Uganda has been named among the fastest-growing economies in Africa by the African Development Bank Group (AfDB). According to the latest statistics from AfDB, with a growth rate of 7.2%, Uganda is ranked third on the continent, driven by the…
After a successful tenure as Chief Executive Officer of Absa Bank, Mumba Kenneth Kalifungwa has bid farewell to the institution, paving the way for his new role as CEO of Stanbic Bank Uganda. Kalifungwa’s leadership at Absa Bank was marked…
Following his recent confirmation as the Governor of the Bank of Uganda, Dr. Michael Atingi-Ego steps into one of the most influential economic roles in the country at a time when Uganda’s monetary policy is under heightened scrutiny. His appointment…
