inflation
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Finance & Banking
BoU raises interest rate to 12 percent as weak shilling fuels inflation risks
KAMPALA, October 14, 2026 — The Bank of Uganda [BoU] has raised its benchmark interest rate to 12 percent from 9.75 percent set two years ago, tightening monetary policy in response to…
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Trade
EAC trade hits US$ 52.3bln as exports drive surplus in Q2 2026
KAMPALA, September 17, 2026 — The East African Community [EAC] recorded strong growth in trade during the second quarter of 2026, with total trade reaching US$ 52.3 billion. Rising exports sustained a…
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News
IMF warns Uganda over widening fiscal deficit despite strong economic growth
KAMPALA, July 29, 2026 — The International Monetary Fund [IMF] has raised concerns over Uganda’s weakening fiscal position, warning that rising government spending and debt-servicing costs could increase vulnerabilities despite continued strong…
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Finance & Banking
Uganda: Outstanding private sector credit edges up in May 2026
KAMPALA, July 22, 2026 — The stock of outstanding private sector credit in Uganda increased by 1.1 percent to Shs 26.72 trillion in May 2026, up from Shs 26,43trn in April 2026.…
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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
Africa’s growth holds firm amid global turbulence, says 2026 African Economic Outlook
BRAZZAVILLE, May 31, 2026 — Africa’s economies are projected to grow at 4.2 percent in 2026, moderating slightly from 4.4 percent in 2025, before rebounding to 4.4 percent in 2027. The findings…
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News
BoU keeps CBR at 9.75 percent as Middle East conflict raises inflation risks
KAMPALA, May 14, 2026 — The Bank of Uganda [ BoU ] has maintained the Central Bank Rate [CBR] at 9.75 per cent, citing rising inflationary risks linked to the ongoing conflict…
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News
Africa’s economic resilience holds firm amid global headwinds, says new AfDB report
ABIDJAN, April 7, 2026 — Despite ongoing regional and global headwinds, Africa continues to demonstrate impressive resilience and maintains its status as a global growth frontier. This is the headline finding of…
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International
Middle East conflict: Central banks face higher inflation
By William White LONDON, March 22, 2026 — The world’s central bankers are in a quandary over the Iranian war and the inflationary pressure it generates. They must be reflecting that, having…
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News
Uganda’s economic activity strengthens as business confidence rises and inflation holds steady
KAMPALA, January 23, 2026 — Uganda’s economic activity continued to strengthen in the months leading up to December 2025, supported by improving business confidence and favourable demand conditions, according to the Performance…
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