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
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
Banks should strengthen defences against fake news — Mutebile
In an address to the Uganda Bankers Association, the governor of the Bank of Uganda said false allegations to malign Dfcu had failed. He added that banks should do more to ward off reputational risk by, among other strategies, combatting fake news
Central Bank had to take over Crane Bank – Governor Mutebile
The intervention in Crane Bank, was the most difficult of these interventions and the one which was potentially the most problematic, because it was a large bank of systemic importance, and because of the huge magnitude of the losses it had incurred
Mobile money dominates formal sector financial inclusion, limitations and all
Financial inclusion is low in Uganda because banks find it costly and unprofitable to extend services to rural areas. But even in urban areas, their services are expensive. Mobile money is the only financial service that has bucked those trends
No bank has applied for Islamic banking licence – BoU
No bank has formally applied for an Islamic banking licence even though there have been expressions of interest in the model from both local and international institutions, according to the deputy governor of the Bank of Uganda, Louis Kasekende
Inflation to rise on higher import prices and increased taxes, BoU says
Bank of Uganda has kept it's policy rate unchanged, pointing to a continued improvement in economic activity and a projected increase in inflation in the next 12 months
Bank of Uganda governor remarks at Africa Blockchain Conference
Remarks by Prof. Emmanuel Tumusiime-Mutebile, Governor, Bank of Uganda At the Africa Blockchain Conference Serena Hotel, Kampala May
Central Bank changes pricing system for government debt
The Bank of Uganda has announced a change in the pricing of government debt in primary auctions from the current multiple prices to a single price, according to a statement issued on Monday
Stanbic best-performing bank in government securities for sixth year running
Stanbic Bank was recognised by the central bank as the best performing bank in Uganda government securities in 2017. This makes the bank the winner for the sixth consecutive year
BoU keeps policy rate steady on low inflation and robust growth
The central bank maintained its policy rate at the same level as February 2018, saying its line with its goals of supporting economic growth and keeping inflation within target levels