National
-
BoU caps over-the-counter cash withdrawals in push for digital payments
KAMPALA, June 3, 2026 — The Bank of Uganda [BoU] has announced new limits on over-the-counter cash withdrawals as part of a broader strategy to accelerate the country’s transition to digital financial…
Read More » -
New Finance Minister Unveils Ambitious Roadmap for Uganda’s Economic Growth
KAMPALA, June 2, 2026 — Uganda’s new Minister of Finance, Planning and Economic Development, Henry Musasizi, has outlined an ambitious economic agenda aimed at transforming the country into a US$ 500 billion…
Read More » -
Banking Uganda’s Economy: Unlocking Inclusive Growth Through Financial Inclusion and Digital Finance
UGAFODE Financial Pathways KAMPALA, June 2, 2026 — Uganda is at a crucial stage in its economic development. Over the past two decades, the country has achieved steady economic growth, expanded digital…
Read More » -
Community Model: Kitara FC, the Bunyoro Club Shaking Ugandan Football
HOIMA CITY, June 2, 2026 — In the heart of Uganda’s oil-rich Bunyoro sub-region, a football revolution is quietly taking shape. What began as a community initiative in 2010 has grown into one…
Read More » -
Court defers former Trade ministry PS Ssali’s corruption trial to July 30
KAMPALA, June 1, 2026 — The Anti-Corruption Division of the High Court has adjourned the corruption trial involving former Permanent Secretary in the Ministry of Trade, Industry and Cooperatives [MTIC], Geraldine Ssali…
Read More » -
AfDB commits Shs 2.4trn to Uganda’s SGR project
KAMPALA, June 1, 2026 — The African Development Bank [AfDB] has reaffirmed its commitment to financing the construction of Uganda’s long-awaited Standard Gauge Railway [ SGR ], providing a major boost to…
Read More » -
BoU approves sale of Standard Chartered’s wealth and retail banking business to Absa
KAMPALA, May 30, 2026 — The Bank of Uganda [BoU] has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking [WRB] business to Absa Bank Uganda Limited, marking a…
Read More » -
Uganda boasts of more than 40,000 primary schools — UBOS census
KAMPALA, May 29, 2026 — Uganda has a total of 43,567 primary schools, according to the Baseline Education Census [BEC] 2025 Report released by the Uganda Bureau of Statistics [UBOS]. The report…
Read More » -
Uganda: Outstanding private sector credit improves slightly in March 2026
KAMPALA, May 28, 2026 — The stock of outstanding Private Sector Credit [PSC] in Uganda increased by 2.3 percent, rising from Shs 25.377 trillion in February 2026 to Shs 25.965trn in March…
Read More » -
UBA elects new Chair and Executive Committee as bank assets hit Shs 53.3trn
KAMPALA, May 26, 2026 – Members of the Uganda Bankers’ Association [ UBA ] recently held their Annual General Meeting [AGM] at the Serena Hotel Kampala, where they elected Micheal Mugabi as…
Read More »