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News
Uganda’s outstanding PSC jumps 1.8 percent in April 2026
KAMPALA, June 20, 2026 — Uganda’s stock of outstanding private sector credit [PSC] increased by 1.8 per cent to Shs 26.43 trillion in April 2026, up from Shs 25.9trn recorded in March,…
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News
EBRD forecasts slower growth in Sub-Saharan Africa in 2026
KAMPALA, June 4, 2026 — Economic growth across the European Bank for Reconstruction and Development’s [ EBRD ] Sub-Saharan Africa [SSA] economies is forecast to slow to 4.7 per cent in 2026…
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News
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…
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News
Uganda: Lending rates rise to 18.73 percent in February 2026
KAMPALA, April 23, 2026 — Uganda’s weighted average lending rates in February 2026, reflected divergent movements between shilling-denominated and foreign currency-denominated credit. While shilling lending rates recorded a marginal increase, foreign currency…
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News
Private sector ends 2025 with high hopes for further expansion in 2026
KAMPALA, January 8, 2026 — Ugandan companies experienced broadly unchanged employment levels and rising input costs in December 2025, following a ten-month period of job creation. Despite these pressures, business conditions continued…
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News
Bank of Uganda report hails national economy amid global uncertainty
KAMPALA, October 25, 2025 — Uganda’s economy has continued to display strong resilience and stability despite a complex and evolving global environment marked by geopolitical tensions, commodity price swings and tight financial…
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News
Afreximbank and ShafDB Forge Strategic Partnership to Unlock US$1 billion in investments
ALGIERS, September 13, 2025 — African Export-Import Bank [Afreximbank] and Shelter Afrique Development Bank [ ShafDB ] have signed a Joint Project Preparation Facility [JPPF] Framework Agreement to unlock a cumulative investment…
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News
Uganda’s economic outlook shows stability amidst global headwinds
KAMPALA, August 20, 2025 – Uganda’s economy showed continued resilience in July 2025, supported by stable inflation, robust private sector activity, and prudent fiscal operations, according to the latest Monthly Economic Report…
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News
Banks sign partnership agreement to strengthen trade finance in Africa
RABAT, December 7, 2024 — The African Development Bank [AfDB], and the Eastern and Southern African Trade and Development Bank [TDB] have signed an agreement for a US$ 150 million Trade Finance…
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National
Private sector credit declined 0.2 percent in June 2023
KAMPALA – The total value of private sector credit [PSC] approved in June 2023 for disbursement by local commercial banks declined by 0.2 percent to about Shs 1.2 trillion, from about Shs…
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