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 …
-
Industry & TradeLatest NewsNewsRegional News
Uganda and Egypt Forge Stronger Economic Ties, Eye Boost in Trade and Investment
President Yoweri Kaguta Museveni’s three-day working state visit to Egypt has paved the way for deeper economic cooperation between the two Nile-linked nations, with both leaders committing to strengthening trade, …
-
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 …
-
When the Uganda Revenue Authority (URA) first rolled out the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) in January 2021, it marked a defining moment in Uganda’s tax administration. When …
-
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 …
-
Industry & TradeLatest NewsNewsRegional News
EAC Records $0.8 Billion Trade Surplus in Q1 2025 as Intra-African Trade and Exports Surge
The East African Community (EAC) registered a significant economic shift in the first quarter of 2025, posting a trade surplus of USD 0.8 billion. This marks a dramatic turnaround from …
-
Industry & TradeLatest NewsNewsRegional News
EAC Sees Surge in Money Supply and Credit Growth Amid Strong Trade Recovery
The East African Community (EAC) is experiencing a wave of financial expansion, with broad money supply increasing by 10.1% in the first quarter of 2025 a sign of rising liquidity …
-
Industry & TradeLatest NewsNewsRegional NewsTechnology
EAC Launches Single Customs Bond to Unlock $2 Billion in Business Capital Across Region
In a landmark move poised to transform regional trade and free up billions in locked business capital, the East African Community (EAC) launched the EACBond, a unified customs guarantee instrument …
-
Industry & TradeLatest NewsNewsRegional News
Uganda, Kenya Move to harmonize standards to boost trade and industrial growth
In a significant step toward enhancing regional integration and boosting trade, the Uganda National Bureau of Standards (UNBS) and the Kenya Bureau of Standards (KEBS) have signed a Memorandum of …
-
EconomicsLatest NewsNational NewsNewsSpecial Reports
Museveni Warns Against Scattered Planning, Renews Focus on Roads and Power
President Yoweri Kaguta Museveni has once again warned against the culture of “kumemerera” a Runyankole term meaning scattering resources thinly and urged government leaders to return to the National Resistance …