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BoU boss urges Kamuli locals to embrace financial services to drive local economic growth
KAMULI, March 9, 2026 — The Governor of the Bank of Uganda [BoU], Michael Atingi-Ego, has urged leaders and residents of Kamuli district to take advantage of formal financial services and government-backed…
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BoU extends licensing deadline for Large SACCOs to September 2026
KAMPALA, February 24, 2026 — The Bank of Uganda [BoU] has extended the deadline for regulated financial institutions to transact exclusively with licensed large Savings and Credit Cooperative Societies [ SACCOs ],…
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Absa Bank Uganda recognised as Best Performing Primary Dealer Market Maker
KAMPALA, February 19, 2026 — The Bank of Uganda [BoU] has recognised Absa Bank Uganda as the Best Performing Primary Dealer Market Maker [PDMM] in Uganda Government Securities for the period October…
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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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Uganda launches pilot phase of Okusevinga Money Market Trust Scheme to widen investment access
KAMPALA, December 18, 2025 — The Finance ministry, in partnership with the Bank of Uganda [BoU], has launched the pilot phase of the Okusevinga Money Market Unit Trust Scheme, a new government-backed…
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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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