Uganda’s central bank maintained its key lending rate at 9.75%, citing rising inflationary pressure and high oil prices amid ...

Gold and coffee have a combined contribution of 66 percent, which calls for urgent diversification of Uganda's export market ...

When Jibran Fauz Qureish, the Head of Africa Economic Research for Standard Bank Group, stepped up to the podium at the 5th ...

Yesterday, the Bank of Uganda kept its Central Bank Rate unchanged at 9.75% for the sixth straight meeting. Governor Michael ...

The Bank of Uganda has approved a change in the operating status of Finance Trust Bank Limited, allowing the lender to downgrade from a commercial bank to a credit institution effective April 1, 2026.

The Bank of Uganda (BoU) has retained its benchmark Central Bank Rate (CBR) at 9.75%, maintaining its accommodative monetary policy ...

What you need to know: Strong government spending and oil investments are expected to lift growth, though inflation poses challenges. The Bank of Uganda (BoU) says Uganda’s economy is expected to grow ...

Uganda’s economy has rebounded strongly with solid growth and low inflation, but rising deficits, debt, and heavy domestic borrowing are creating growing fiscal risks. With oil production approaching, ...

KAMPALA, March 19 (Reuters) - Uganda's gold exports surged more than 10-fold in 2023 despite U.S. sanctions on a major processor in the East African country, data from the central bank showed on ...

Besigye was abducted in Nairobi, Kenya’s capital, on 23 November, driven to Uganda‘s capital Kampala, and charged in a military court days later. The story of the central bank losing $16m was first ...

KAMPALA—Uganda’s central bank maintained its key lending rate at 9.75% citing sustained global economic uncertainty, despite easing inflation in the oil-producing nation. While the inflation rate has ...