Dorothy Nakaweesi

The State-backed Standard Gauge Railway (SGR) project is on course to secure its second major external financing commitment after the OPEC Fund for

What does it mean when a bank that has operated in Uganda for 14 years without ever issuing a debit card suddenly hands one to all its customers?

Banks, according to UBA, possess strong capital buffers, but rising operational losses, deposit concentration and foreign-exchange exposure are posing risks to financial resilience.

Gold now accounted for nearly 60 percent of merchandise exports in August 2026, up from 53.2 percent two months earlier

The shilling touched a new weak territory against the dollar yesterday, trading beyond the Shs4,200 mark despite interventions by Bank of Uganda (BoU) aimed at moderating volatility in the foreign exchange market.

What you need to know: The slide is being driven by panic buying, huge demand from the energy sector and offshore investors attempting to exit Uganda's bond market

Caption for the landscape image: What you need to know:

Caption for the landscape image: What you need to know: The shilling has weakened against the dollar by 21.33 percent since July, falling from an average of Shs3,709 in July to a low of Shs4,500 last Friday

A leaked internal circular from the Ministry of Finance, Planning, and Economic Development detailing revised rates for duty facilitating allowances

Caption for the landscape image: What you need to know: The UBA Economic Bulletin estimates that the value of external debt rose by approximately Shs6.7 trillion between the end of June and October 9