Bank of Uganda
Shilling in now familiar territory with another record low
Uganda’s shilling reached another record low on Friday, a day after the central bank resumed selling foreign currency
EIB backing targets climate-risk rules at Ugandan banks
Uganda’s green taxonomy and existing climate-risk rules move closer to implementation under EIB Global support
BoU turns to dollar sales as political warnings meet market pressure
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
Shilling closes at record low a week after rate rise
Uganda’s shilling closed at Shs4,208.10 to the dollar, a record low, one week after the central bank raised its benchmark rate
Shilling surrenders rate-hike gains as the dollar returns
Uganda’s shilling erased Wednesday’s gains by Friday, with the dollar back above its opening level on the day of the Bank of Uganda’s rate increase
What the Bank of Uganda’s rise to 12 per cent means for the shilling, fuel and loans
How the Bank of Uganda's increase in its policy rate to 12 per cent could affect the shilling, pump prices, and existing loans and savings
Bank of Uganda raises benchmark rate to 12 per cent at special meeting
Uganda’s central bank lifted its rate to 12 per cent, the largest increase since 2011, and raised its inflation forecasts as the shilling weakened
Uganda ranks fourth in Absa’s markets index, held back by pensions and depth
Uganda is the only one of 26 African countries scored in both years to lose ground in Absa's financial markets index since 2022, as Kenya and Ghana close in
Shilling opens past Shs4,150 as Bloomberg reports offshore selling of bonds
The shilling has lost 12.8 per cent this year, and Absa and Alpha Capital Partners name offshore selling, corporate dollar demand and energy costsMore Bank of Uganda
Central bank’s preferred measure of inflation eases to 14-month low
The Bank of Uganda's preferred measure of inflation eased to a 14-month low in September, a reading that gives its policy makers latitude to cut interest rates when they meet next Tuesday
Week in review: Tullow Oil, Uganda Airlines, Crane Bank
Final investment decision on Uganda's oil and gas projects to be delayed by collapse of Tullow Oil stake sale; Bank of Uganda loses suit against Crane Bank's former owner; Uganda Airlines starts commercial flights
Agriculture: Stronger rural-urban linkages needed for development, says BoU governor
Government should join hands with the financial sector to strengthen rural-urban linkages and link local agriculture firms to external buyers and retailers
Bank of Uganda holds policy rate steady, says inflation remains subdued
Bank of Uganda maintained its benchmark lending rate for the third time this year, saying the inflation outlook over the next 12 months is largely unchanged from the last monetary policy committee meeting in April but noted that risks remain elevated
Bank of Uganda leaves rates unchanged, hails strong economy
The Bank of Uganda's monetary policy committee has voted to keep the Bank's benchmark lending rate unchanged in its first meeting of 2019, noting that the risks to its medium-term inflationary outlook are roughly balanced
Bank of Uganda governor warns on digital banking risks
BoU governor says that while digital banking innovations accrue benefits to financial institutions and customers, they also present associated risks that if not managed well could outweigh the benefits
Bank of Uganda governor says bank closures were well-intentioned
Governor tells Parliament probe Bank was right to intervene in closed banks but acknowledges post-intervention challenges
Consumer prices slow slightly in September but core inflation hits 12-month high
Uganda's annual consumer price inflation fell slightly in September, the first decline in four months, largely because of a slowdown in the annual food crops and related items inflation rate.
Government considers taxing PayWay, Ezeemoney and similar platforms
The government is mooting imposing taxes on "alternative" payment platforms like PayWay, Ezeemoney, and agent banking because the recently introduced mobile money tax does not apply to them, according to the state minister for finance
Bank of Uganda holds primary rate constant
The Bank said the decision is consistent with its neutral monetary policy stance and is in line with keeping core inflation close to the medium-term target of 5% while supporting economic growth
