Uganda Business News | Uganda Business News 12

Uganda bonds draw strong demand as yields fall to near two-year lows

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

Investors accepted sub-coupon rates across all three tenors at February’s auction, signalling a marked shift in sentiment towards Ugandan sovereign debt

Bank of Uganda keeps rates on hold as inflation stays tame and growth holds firm

The sun sets behind the unisphere during day five of the 2009 U.S. Open at the USTA Billie Jean King National Tennis Center on September 4, 2009 in the Flushing neighborhood of the Queens borough of New York City.

The Bank of Uganda maintains its 9.75% rate, balancing subdued inflation against global uncertainty and a positive output gap

Private sector extends growth streak to a year

A polling station at an unknown location in Uganda

Uganda’s PMI reading of 52.6 extended the private sector’s growth streak to a year, despite some disruption from the election period

Inflation inches up to 3.2% on higher transport and service costs

Increasing piles of coins with a red arrow on a square patterned background.

January inflation rose to 3.2% as service costs jumped, offsetting easing food price pressures from December

Uganda’s oil revenues: The case against quick distribution

Uganda’s oil wealth requires long-term investment discipline rather than immediate distribution, writes Ali Ssekatawa

Formalisation for whom? Uganda’s boda-boda drivers find the gig economy delivers for platforms, not riders

New research finds Uganda’s ride-hail platforms extract wealth from informal boda-boda drivers while offering no meaningful labour protections

Stanbic Bank calls on Ugandans to embrace a culture of saving for economic progress

An illustration for property, mortgages, bank loans and home savings. A model of a house sitting on architectural plans, with a blurred piggy bank in the background.

Stanbic Bank executive says Ugandans should save before spending, not after, as 30% still keep cash at home earning no interest

Measuring what matters: rethinking research excellence in Africa

Conventional citation metrics create structural bias against African scholarship, penalising locally relevant work whilst rewarding research with limited community impact

Stanbic Bank’s Ken Agutamba named among Africa’s Top 100 Corporate Communication Leaders

Kenneth Agutamba, Stanbic Bank Uganda's country manager for reputation and corporate communication, speaks at an official event.

Kenneth Agutamba, Stanbic Bank Uganda’s country manager for reputation and corporate communication, has been named among Africa’s Top 100 Corporate Communication Leaders by Africa PR Week

Private sector growth gains momentum at year-end

A flatbed lorry loaded with stacks of cement bags on a street in Jinja, Uganda.

Business conditions in Uganda’s private sector strengthened at the close of 2025, with growth edging higher in December according to the latest survey of purchasing managers