As Uganda continues to struggle with the rising youth unemployment rates, experts are warning that the crisis is not just about a shortage of jobs. According to Carolyn Mary Amase, …
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Banking & SavingsEconomicsFinanceLatest NewsNews
Ugandan Shilling Gains Ground as Yields and Credit Uptake Rise
The Ugandan Shilling posted a modest appreciation against the US Dollar ($) in May 2025, underpinned by sustained inflows from coffee exports, remittances, portfolio investments, and Non-Governmental Organizations (NGOs) activities. …
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Banking & SavingsEconomicsFinanceLatest NewsNews
World Bank Support Returns: What It Means for Uganda’s Growth
The World Bank has officially resumed funding to Uganda, ending a nearly two-year suspension that began in 2023. The decision marks a major turning point for Uganda’s economic outlook and …
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Banking & SavingsFinanceLatest NewsNews
Shareholder Commends PostBank for Being a Profitable Government Entity and Registering Ushs.35.4B PAT in 2024 Financials
PostBank Uganda, whose purpose is to foster prosperity for Ugandans, has today held its 2024 Annual General Meeting (AGM) at the Ministry of Finance, Planning and Economic Development (MoFPED) offices …
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Banking & SavingsFintechLatest NewsNewsTelecoms
The Rise of Digital Lending in Uganda: Opportunity or Overexposure?
Uganda has experienced a recent surge in digital lending platforms, marking a new era in access to financial services. Providers such as MTN’s MoKash, Airtel Wewole, ManguCash, DIGI Loans, and …
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Banking & SavingsLatest NewsNewsWomen In Leadership
UDB’s Ojangole named Africa Banker of the Year
Dr. Patricia Ojangole, Managing Director of Uganda Development Bank (UDB), has been named Banker of the Year at the prestigious African Banker Awards. Dr. Ojangole was announced at the 19th …
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Banking & SavingsEventsLatest NewsNews
Standard Chartered Uganda Hosts Investment Dialogue Event Focused on Cross-Border Trade as a Catalyst for 10X Growth Strategy
Standard Chartered Bank successfully hosted a high-level Uganda Investment Dialogue focused on Cross-Border trade as a catalyst for the 10X Growth Strategy. Held under the theme: “Cross-Border Trade – Connecting …
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Banking & SavingsNewsTaxation
Why Bank of Uganda has maintained CBR at 9.75% as inflation holds steady and growth remains resilient
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% following its May 2025 Monetary Policy Committee (MPC) meeting, citing stable inflation trends and resilient economic …
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Banking & SavingsEconomicsLatest NewsNews
Bank of Uganda holds key rate steady amid global uncertainty
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75%, citing a balanced, but uncertain inflation outlook and global economic risks. Governor Michael Atingi-Ego announced the …
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Banking & SavingsLatest NewsNewsWomen
Empowering Ugandan women through Equity Bank’s Abakyala Ku Ntikko initiative
In Uganda, where nearly 40 percent of small and medium-sized enterprises are owned by women, financial independence remains a challenge. Women face unique obstacles juggling family responsibilities with business management, …