Bank of Uganda
Bank of Uganda tightens liquidity as shilling falls to weakest since 2024
The Bank of Uganda says it can stabilise the shilling, and has raised banks' cash reserve requirement to 13.5 per cent for the second time this year
Fuel prices push inflation higher in May
Headline inflation edged up in May as energy and transport costs climbed sharply amid higher global oil prices
Bank of Uganda’s Monetary Policy Statement for May 2026 — Full text
Monetary Policy Committee keeps rates on hold for a seventh consecutive meeting but raises its inflation outlook as fuel costs begin feeding through
Rising energy prices push inflation higher in April
Inflation rose to 3% in April as fuel and transport costs increased, highlighting growing energy-driven price pressures
February’s bond rally fades as 10-year yield jumps 100 basis points
Uganda's 10-year bond yield rose a full percentage point in two months, partially reversing February's contraction even as investor demand hit exceptional levels
Uganda’s oil moment approaches — but the risks are multiplying
Uganda's first oil is due in H2 2026, but timing risks, fiscal pressures, and a Middle East conflict cloud the outlook
Uganda bonds draw strong demand as yields fall to near two-year lows
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’s Monetary Policy Statement for February 2026: the full text
The Bank of Uganda maintains its 9.75% rate, balancing subdued inflation against global uncertainty and a positive output gap
Bank of Uganda keeps rates on hold as inflation stays tame and growth holds firm
The Bank of Uganda maintains its 9.75% rate, balancing subdued inflation against global uncertainty and a positive output gapMore Bank of Uganda
Inflation inches up to 3.2% on higher transport and service costs
January inflation rose to 3.2% as service costs jumped, offsetting easing food price pressures from December
Michael Atingi-Ego’s keynote speech at the 6th National Content Conference
Bank of Uganda governor charts Uganda's path from $50bn to $500bn economy, anchored in oil-funded transformation and intergenerational equity
Bank of Uganda governor’s speech at the 2025 Kampala Blockchain Summit
Governor addresses stablecoin risks of monetary substitution and foreign exchange exposure, and outlines path from regulatory uncertainty to clear framework
Bank of Uganda’s Monetary Policy Statement for November 2025: the full text
The central bank's decision reflects its confidence in the improving domestic economic environment, while also acknowledging the ongoing risks posed by the global economy
Bank of Uganda’s Monetary Policy Statement for August 2025 — Full text
On 12 August 2025, the Monetary Policy Committee of the Bank of Uganda maintained the Central Bank Rate at 9.75%, reflecting persistent global economic uncertainty and recurring geopolitical tensions
Central bank holds rates with wait-and-see guidance
The central bank hewed to expectations on Tuesday, keeping its benchmark rate unchanged citing “macroeconomic stability” resulting from coordination between monetary and fiscal policies
Annual Bankers’ Conference: Full text of the BoU governor’s speech on remittances
Remittance inflows have overtaken foreign aid and support from international institutions, such as the IMF and the World Bank, as well as from bilateral partners, to become Uganda's most reliable source of external financing
Remarks by BoU Governor at the National Private Sector Engagement Forum on climate finance
Climate change is a present and pressing reality; it is altering rainfall patterns, disrupting food systems, putting pressure on energy supplies, and affecting prices and financial system stability
Banks set to ease credit standards on business loans
Banks expect to ease lending standards in the quarter ending in September as loan performance improves for businesses and declines for households, and demand for credit from firms increases, according to a Bank of Uganda survey
Remarks by the Bank of Uganda governor at the participating financial institutions award ceremony for the Agricultural Credit Facility and Small Business Recovery Fund
For a long time, many have questioned whether Uganda's smallholder farmers could access meaningful credit. Today, we have our answer: Shs1.12tn disbursed, 6,587 projects funded, and a non-performing loan rate of just 1 per cent — three times better than the banking industry average
