Banking & Savings

In business, uncertainty can be more expensive than borrowing. A manufacturer may negotiate favorable prices with an overseas supplier, only to discover that a weakening currency has wiped out the …

A few weeks ago, NSSF gave Ugandan savers good news. The Fund declared an interest rate of 22.53 percent for the year ended June 2026. That is the highest rate …

Small businesses remain at the centre of Uganda’s economy, but many entrepreneurs are navigating a business environment shaped by rising operating costs, tighter cash-flow cycles, changing customer behaviour and increasing …

These days, it is difficult to read any financial newspaper or column without encountering commentary proclaiming that we are in an equity market bubble destined to end in tears. However, …

The celebration was almost inevitable. At the National Social Security Fund (NSSF) 14th Annual Members’ Meeting on September 24, Finance Minister Henry Musasizi announced an interest rate of 22.53 percent …

Beatrice Lugalambi, one of Centenary Bank’s senior executives, is set to leave the lender for Pride Bank, where she is expected to take up the position of Executive Director, according …

 A renewed surge in energy prices and mounting pressure on African currencies are forcing central banks across the continent to reassess the pace of monetary easing as the economic effects …

The Bank of Uganda (BoU) has tightened liquidity conditions in the banking system as the Uganda shilling comes under its sharpest pressure in nearly two years, raising the cash reserve …

Ugandan businesses are facing renewed cost pressures as the shilling depreciates beyond Shs3,900 against the US dollar while global Brent crude prices rise to about $109 per barrel. The combination …