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 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’s trade with China is booming, but almost entirely in one direction. In 2025, Uganda imported $3.3 billion worth of goods from China while exporting just $118 million. That means for every dollar Uganda sold to China, it bought roughly…
For decades, Uganda’s economic ambitions have been built around one central question: how do we produce more? The answer has shaped national policy conversations for years, increase agricultural productivity, expand manufacturing, attract investment, promote value addition and create industries capable…