News

As Uganda prepares to enter a heated election season in 2026, the government unveiled an ambitious Shs 72.1 trillion budget for the 2025/2026 financial year. Presented at Kololo Independence Grounds ...
Uganda’s Shs 72 trillion budget bets on wealth creation and growth in election run-up for next financial year ANALYSIS | ...
Local government leaders and private sector representatives from Rwanda and Uganda convened in Nyagatare, on June 19, to bolster cross-border cooperation and stimulate trade across frontier districts.
In Uganda’s bustling cities, boda boda riders weave through traffic, the heartbeat of the nation’s informal economy. These ...
Uganda shilling and Tanzania shilling reported strong growth in value during the same week due to export growth and a ban on ...
KAMPALA, Oct 24 (Reuters) – Uganda’s currency is seen strengthening against the dollar in the next week to Thursday, while Ghana’s could weaken and Kenya’s and Nigeria’s are expected to ...
Uganda's currency is seen strengthening against the dollar in the next week to Thursday, while Ghana's could weaken and Kenya's and Nigeria's are expected to be broadly unchanged, traders said.
Uganda plans domestic gold purchases to build foreign exchange reserves and limit risks on reserve investments, becoming the latest African nation to turn to the precious metal to back up its ...
Continued capital outflows saw Uganda’s reserves in the year through April decline by $149 million to $3.47 billion, or 3.2 months of future import cover, which the bank said was a level that ...
The Ugandan shilling is holding steady after the central bank maintained its benchmark rate at 10.25 per cent on June 4th, 2024.
The attack was aimed at Uganda’s most important source of foreign currency, the tourism sector. The sector generated 7.7% of Uganda’s gross national product before a slump linked to the Covid ...
The Bank of Uganda (BOU) faced an increase in currency issuance costs as the demand for cash surged by 16% in the fiscal year 2022/23. According to details contained in BOU’s annual report for ...