Finance
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News
EAC strengthens fiscal and monetary policy coordination towards monetary union
ARUSHA, September 29, 2026 — The East African Community [EAC] is reviewing measures to strengthen fiscal and monetary policy coordination as Partner States work towards establishing the East African Monetary Union [EAMU].…
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Cooperatives & Communities
How Speaker Oboth brokered BOU-SACCO licensing stand-off
KAMPALA, September 25, 2026 — Speaker of Parliament Jacob Marksons Oboth has brokered a solution to a stand-off between the Bank of Uganda [BOU], and Uganda Co-operative Savings and Credit Union Limited…
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News
Uganda struggles to absorb US$ 5.51bln in concessional financing as projects fall behind schedule
KAMPALA, September 21, 2026 — Uganda is struggling to utilise billions of dollars in concessional financing, with US$ 5.51 billion [about Shs 21.450 trillion] in approved funds remaining undisbursed at the end…
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Finance & Banking
Musasizi urges commercial banks to cut lending rates to boost local production
KAMPALA, September 18, 2026 –Finance Minister Henry Musasizi has called on commercial banks in Uganda to lower lending rates and channel more financing into productive sectors, saying affordable credit will be critical…
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Cooperatives & Communities
PDM reaches 3.57mln beneficiaries as Shs 4.317trn boosts household enterprises
KAMPALA, September 16, 2026 — The Parish Development Model [ PDM ] has reached 3,571,108 beneficiaries across Uganda, with government investing Shs 4.317 trillion in the Parish Revolving Fund [PRF] to expand…
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Energy & Mining
Global energy transition progress falters as security and investment pressures mount
KAMPALA, September 16, 2026 — Global progress on energy transition is becoming increasingly uneven, with only 24 percent of countries improving simultaneously on energy security, affordability and sustainability, according to the 2026…
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Cooperatives & Communities
Gov’t targets lower debt and deficit in five-year fiscal charter
KAMPALA, September 10, 2026 — The Government of Uganda has set a five-year plan to reduce Uganda’s fiscal deficit, contain commercial borrowing and gradually lower public debt under a new Charter for…
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Cooperatives & Communities
Report flags financial mismanagement, missing wagons at Uganda Railways
KAMPALA, September 7, 2026 — Parliament has adopted a report on the Uganda Railways Corporation [URC] detailing cases of financial mismanagement, missing wagons, disputed procurement deals, and the loss and encroachment of…
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News
Gov’t gets parliamentary approval to borrow €207.75mln for Busoga roads
KAMPALA, September 5, 2026 — Government has been given the green light to borrow €207.75 million from Citi Bank and other financial institutions to finance the design and construction of the Jinja-Mbulambuti-Kamuli-Bukungu…
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Finance & Banking
Afreximbank ready to develop country programme for Uganda
KAMPALA, September 1, 2026 — Finance Minister Henry Musasizi this morning received the new African Export-Import Bank [ Afreximbank ] Regional Director for East Africa, Humphrey Nwugo, at the Ministry of Finance…
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