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Uganda must act urgently to match Kenya on virtual assets, BoU boss warns
KAMPALA, February 19, 2026 — Michael Atingi-Ego has challenged Uganda to move “deliberately but urgently” to establish a comprehensive regulatory regime for virtual assets, warning that the country risks falling behind Kenya…
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Uganda ranks third in Africa Financial Markets Index
KAMPALA, January 28, 2026 — Uganda has retained third place in the 2025 Absa Africa Financial Markets Index [AFMI], reflecting continued progress in macroeconomic stability and market transparency. The AFMI assessed 28…
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IMF warns of rising fiscal risks in Uganda
KAMPALA, January 24, 2026 — The International Monetary Fund [ IMF ] has painted a cautiously optimistic picture of Uganda’s economic outlook while warning that growing fiscal pressures and debt vulnerabilities could…
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Large SACCOs must be regulated by BoU – Attorney General
MBARARA CITY, January 13, 2026 – The Attorney General [AG], Kiryowa Kiwanuka, has advised the Bank of Uganda [BoU], the Ministry of Trade, Industry and Cooperatives [MTIC], and the Ministry of Finance…
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Legal dilemma : MTIC ignores BoU’s request to de-register non-compliant large SACCOs
KAMPALA, January 7, 2026 — The Bank of Uganda’s [BoU] bid to license and regulate large Savings and Credit Cooperative Organisations [SACCOs] in the country has suffered a setback after the Ministry…
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Commercial lending rates in Uganda to remain unchanged, BoU says
KAMPALA, December 11, 2025 — Commercial lending rates in Uganda are expected to remain unchanged, supported by stable macroeconomic conditions marked by low inflation, anticipated economic growth, and a steady Central Bank…
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BoU warns of rising global risks as Uganda’s financial system remains resilient
KAMPALA, December 9, 2025 — Uganda’s financial system remains stable and resilient despite mounting global economic uncertainties, Governor of the Bank of Uganda [BoU], Michael Ating-Ego, said on Thursday during the 10th…
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UCA engages coffee cooperatives on revival of Cooperative Bank
MBALE CITY, December 8, 2025 — The Uganda Cooperative Alliance [UCA] has held an engagement meeting with leaders of coffee cooperatives from the eastern region to discuss the revival of the Cooperative…
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Investing in Ugandan youth key to accelerating economic transformation – BoU boss
KAMPALA, December 5, 2025 —Uganda’s economy has largely bounced back from the effects of the COVID-19 pandemic, but challenges remain, particularly in employment and entrepreneurship, according to Prof. Augustus Nuwagaba, Deputy Governor…
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