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 …
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BusinessEconomicsFinanceLatest NewsNational NewsNews
The Price of Stability: Uganda’s Central Bank Raises Rates to 12%
Uganda’s central bank has chosen to make borrowing more expensive today to guard against a potentially more damaging rise in prices tomorrow. On October 14, 2026, the Bank of Uganda …
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Banking & SavingsBusinessEconomicsFinanceLatest NewsOpinionsPeople
Why You Need Both a Pension Fund and a Unit Trust
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 …
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BusinessEconomicsEnergyGlobal NewsLatest NewsNational NewsNewsOil & GasTansport
Diesel Used to Be Cheaper Than Petrol. Why Does It Now Cost More?
A few months ago, choosing a diesel vehicle was an easy decision for many Ugandan motorists. Diesel was cheaper at the pump, and its better fuel economy made it an …
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BusinessEconomicsFinanceGlobal NewsLatest NewsNational NewsNews
Did Uganda’s Sovereignty Act Cause the Shilling to Fall Past UGX 4,000?
The shilling has crossed UGX 4,000 against the US dollar, fuel prices are climbing, and a law passed in May is facing renewed scrutiny. But did Uganda’s Protection of Sovereignty …
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he payslip may look the same this month. The money behind the figure is buying less, as the shilling slips past UGX4,000 to the dollar and sterling holds above UGX5,200. …
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The Kampala City Traders Association (KACITA) will on Wednesday hold the sixth edition of its Quality Awards, recognizing businesses, individuals, government agencies and other stakeholders for their contribution to Uganda’s …
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BusinessEconomicsFinanceGlobal NewsLatest NewsNews
Running a Business in Uganda? Why Washington’s Bond Market Affects Your Dollar Costs
If your Ugandan business imports machinery, pays suppliers in dollars or carries dollar-denominated debt, a surge in U.S. borrowing costs has consequences far beyond Washington. The yield on the U.S. …
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BusinessEconomicsLatest NewsNational NewsNewsTansport
Uganda’s Number Plate Backlog Went From 19 Days to 2. Here’s What Fixed It
Uganda has sharply reduced delays in issuing digital number plates, with the average waiting time at Kampala vehicle bonds falling from 19 days in December 2025 to two days in …
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BusinessEconomicsEnergyEventsLatest NewsMineralsNational NewsNewsTourism
Business Travel Is Tourism Too: Uganda Bets on Conferences as Its Next Tourism Engine
A delegate who flies into Entebbe for a mining conference does not think of himself as a tourist. He has a badge, a schedule and a return ticket. He will …
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