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Economy
Fitch affirms Uganda B+ rating
Ratings supported by favourable medium-term growth prospects and macroeconomic stability, but constrained by weak governance and budget and current account deficits
March 4, 2024
Banking
Economy
Strong economy to boost bank lending, deposits in 2024, says BMI
Improved economic conditions and lower lending rates are expected to increase demand for bank credit, in contrast to last year when loan growth slowed
January 23, 2024
Economy
Fitch cuts GDP forecast on lower government spending, fall in net exports
Economy to grow slower in 2023 than previously expected, as government spending slows and net exports fall, according to global research firm BMI
December 18, 2023
Economy
Fitch holds Uganda’s credit rating at B+, expects little impact from anti-gay law fallout
Ratings company says impact of the anti-homosexuality law on government budget is manageable
September 11, 2023
Opinion
Rating agency regulations: Why legislation won’t fix flaws
The three dominant international credit rating agencies have been accused of many faults; the faults originate from their ‘issuer-pay’ business model in which the institution being rated pays for the rating, which is used by investors
June 23, 2019
Economy
Politics & Policy
Fitch Ratings maintains Uganda’s B+ rating
The third major credit rating agency, Fitch Ratings, has maintained its assessment of Uganda's capacity and willingness to honour its debt obligations, a decision it said was supported by the country's strong growth outlook and relative macroeconomic stability
July 30, 2018
Economy
Politics & Policy
Why credit ratings matter and why they can’t be ignored
Credit ratings are an independent and objective assessment of the creditworthiness of countries and companies and therefore a guide for investors
November 24, 2016
Economy
Fitch affirms Uganda’s credit rating at B+, outlook stable
Fitch Ratings on Wednesday affirmed its B+ rating on Uganda, citing the country's high levels of infrastructure spending and its sound macroeconomic policy framework
August 4, 2016