When the Bank of Uganda raised the Central Bank Rate for September to 10 per cent from 9 per cent for August, this came as no surprise to many Ugandans …
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Latest NewsNews
Low insurance penetration: Inside plans to accelerate sector’s uptake across Uganda
The insurance industry landscape in Uganda has grown over the years attracting several players. Uganda’s insurance industry is comprised of nine life insurance companies, 21 non-life insurance companies, two micro …
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Banking & SavingsLatest NewsNews
NSSF midterm access is here: Here is how you can access your benefits
The National Social Security Fund (NSSF) has issued guidelines to be followed by savers to access their midterm benefits. This comes after Gender Minister Betty Amongi approved the procedures for …
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President Yoweri Museveni on Saturday officially launched the Parish Development Model (PDM), a flagship programme that the government hopes will help lift the majority of Ugandans out of poverty. According …
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Affordable electricity is crucial to the development of any economy. It has an enormous impact on the use of emerging technologies, modern economic activities, public service delivery, and standards of …
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Latest NewsNewsOil & Gas
What Final Investment Decision (FID) means for Uganda’s oil and gas sector
Uganda, Tanzania and oil companies on Tuesday, February 1, 2022 signed the long awaited Final Investment Decision (FID), paving way for massive investments in Uganda’s oil and gas sector. International …
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Uganda’s insurance industry is expected to get more resilient to withstand any kind of shock as the regulator moves to enforce the 200% Capital Adequacy Ratio (CAR). The Insurance Regulatory …
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On January 8, 2022, Uganda commenced collection of road tolls along the Kampala- Entebbe Expressway, a major gateway to the country’s only international airport. The 51km road, one of the …
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On January 24, 2022, Uganda lifted all Covid-19 related restrictions, effectively reopening the economy after nearly two years of lockdown. For many businesses that operate 24-7 such as bars and …
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Banking & SavingsEconomicsLatest NewsNews
Emmanuel Tumusiime-Mutebile: Seasoned economist who was never shy to speak about government’s fiscal policy mistakes
Emmanuel Tumusiime-Mutebile, who has been at the helm of Bank of Uganda for over 20 years, the longest-serving Central Bank Governor in Africa, was never shy to speak his mind …
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