Uganda Business News | Uganda Business News

Shilling in now familiar territory with another record low

Single-storey building with a red roof and signs for Centenary Bank's CenteAgent and dfcu Agent, plus Airtel Money and other agent notices by the door.

Uganda’s shilling reached another record low on Friday, a day after the central bank resumed selling foreign currency

Investigators examine possible Entebbe link between Ebola cases

Aircraft parked on the apron at Entebbe International Airport at sunset.

Investigators are examining possible contact at Entebbe between Ebola patients in Kenya and Nigeria, while Switzerland disputes the woman’s reported Congo visit

BoU turns to dollar sales as political warnings meet market pressure

A stack of Ugandan shilling banknotes—50,000, 20,000, 10,000, and 5,000—arranged in a currency counting machine.

Bank of Uganda sold foreign currency after rate rises failed to halt the shilling’s slide, despite warnings from Museveni and Ggoobi against using reserves

KPMG survey ranks AI a priority in East Africa, but Ugandan firms show no payoff

KPMG’s 2026 Africa CEO Outlook finds 74 per cent of East African chief executives rank AI a priority. Ugandan company disclosures link none of it to revenue or profit

IGG directs UNMC to interdict chief executive and legal chief

Delegates seated at long tables arranged in a U-shape in a yellow-walled conference room, facing a head table where Ruth Nankabirwa, in yellow, sits beside a man in a dark suit beneath a screen reading "Uganda National Mining Company: The 1st Annual General Meeting"

UNMC must interdict Gerald Banaga-Baingi and Lelia Bwambale as the IGG investigates alleged financial mismanagement and abuse of office

Centenary Malawi turns to Finance Trust chief to build on its rapid expansion

Annet Nakawunde, left, poses with Kawempe Muslim player Amina Nakato at a women’s football symposium.

Finance Trust’s Nakawunde moves to Centenary Bank Malawi as the lender seeks to sustain growth with tighter credit control

Flaw in PHP puts millions of websites at risk of takeover

Close-up of PHP code on a screen, from a WordPress theme’s header and navigation menu template.

Security researchers used AI models to find chains of PHP weaknesses, and a leak forced developers to release emergency patches ahead of schedule

UBOS challenges ICT ministry’s national data strategy

Statistics House in Kampala, headquarters of the Uganda Bureau of Statistics

Uganda’s statistics bureau challenges a five-year data strategy whose proposed committees would approve and oversee data initiatives

Shilling closes at record low a week after rate rise

Street scene outside a luggage shop in downtown Kampala

Uganda’s shilling closed at Shs4,208.10 to the dollar, a record low, one week after the central bank raised its benchmark rate

Uganda says Nigeria Ebola case does not show local transmission

Nigeria’s imported Ebola case involved travel through Uganda, but WHO says the infection source remains under investigation