Parliament’s Budget Committee has raised concerns over Uganda’s fiscal position after the country’s total public debt rose to Shs118 trillion by the end of FY2024/25, pushing the debt-to-GDP ratio to …
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EconomicsFinanceIndustry & TradeLatest NewsNews
Uganda Shilling Strengthens Amid Rising Foreign Exchange Inflows
Uganda’s financial markets remained upbeat in July 2025 as the Ugandan Shilling continued its steady appreciation against the US Dollar for the fourth consecutive month. According to the Performance of …
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Banking & SavingsFinanceFintechLatest NewsNews
BoU Urges Ugandans to Report Mobile Money Fraud Through Proper Channels
Bank of Uganda (BoU) Governor, Michael Atingi-Ego has called on mobile money users across the country to take a proactive approach in reporting suspected fraud, emphasizing the need to follow …
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The Monetary Policy Committee (MPC) of the Bank of Uganda (BoU) voted to maintain the Central Bank Rate (CBR) at 9.75%. The decision reflects a cautious yet growth-supportive monetary policy …
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Banking & SavingsEconomicsFinanceLatest NewsNewsTaxation
The Business Case for Licensing Mobile Money Operators in Uganda
Mobile money has become a central pillar of Uganda’s financial ecosystem, transforming how people transact, save, and access essential services. With over 35 million registered accounts and trillions of shillings …
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EconomicsFinanceLatest NewsNews
Uganda’s Treasury Bill Yields Climb as Investors Seek Higher Returns
The latest Treasury Bills (T-Bills) data from the Bank of Uganda paints a clear picture of an upward shift in yields across all maturity periods. Investors are now being rewarded …
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EconomicsIndustry & TradeLatest NewsNational NewsNews
Uganda’s Inflation Slows to 3.8% in July 2025 as Food and Fuel Prices Ease
Uganda’s annual headline inflation slightly declined to 3.8% in July 2025, down from 3.9% in June, according to the latest Consumer Price Index (CPI) report released by the Uganda Bureau …
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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 NewsNewsPeople
Collin Babirukamu Joins the Bank of Uganda as Chief Information Officer
Collin Babirukamu has been appointed the Bank of Uganda‘s chief information officer (CIO). His digital transformation, cybersecurity, and financial technology leadership will shape Uganda’s financial sector. With a career spanning …
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