Finance

As inflation rates surge and the value of the Ugandan shilling declines, the Bank of Uganda has taken decisive action by raising the Central Bank Rate (CBR) from 9.5% to …

The private sector has sustained its upward trajectory for the nineteenth consecutive month, as reported by the Stanbic Purchasing Managers’ Index (PMI). Despite a slight dip in activity recorded in …

The Standard Bank Group has announced the appointment of Anne Juuko, the Chief Executive of Stanbic Bank Uganda, to a new leadership role as Global Markets Regional Head-East Africa, effective …

To understand the legal framework surrounding mergers, acquisitions, or joint ventures, it is essential to familiarize yourself with the Competition Act of 2023 to avoid potential legal issues. The Competition …

The value of the Uganda shilling relative to the U.S. dollar continues to decline. In the Thursday trading session, the shilling again closed at a low point, with rates of …

Investors’ confidence increased following Uganda’s removal from the grey list of the Financial Action Task Force (FATF), a global body responsible for combatting financial crimes and terrorism financing. Finance Minister …

In the financial year 2022/2023, Uganda’s economy grew to UShs184.89 trillion (US$ 49.5 billion), a notable increase from the previous year’s figure of Shs162,750 billion (US$ 45.6 billion) recorded in …

Every time the Uganda shilling approaches a round figure exchange rate threshold against the United States dollar, tongues begin wagging.  Currently, the shilling is flirting with the UGX4000 mark and …

Standard Chartered Bank Uganda unveiled its latest offering, International Banking (IB), during a milestone event this week. This launch marks a significant move for the bank as it extends its …