Bank of Uganda
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Business
Banks Supervision Report 2025: Progress made, but structural risks still shadow Uganda’s growth path
Uganda’s economic and institutional reform journey presents a picture of cautious progress weighed down by persistent structural weaknesses, according to…
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Business
Pearl Bank Uganda secures full regulatory approval in transition from PostBank
Pearl Bank Uganda Limited has officially received its operating license from the Bank of Uganda (BoU), marking a pivotal moment…
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News
Shilling extends losing streak as Dollar demand tightens FX market
The Ugandan Shilling continued its downward slide this week, weakening to about Shs 3,635–3,645 per US dollar as strong demand…
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Business
Absa Bank Uganda acquires Standard Chartered’s retail and wealth business in major strategic shift
Standard Chartered Uganda and Absa Bank Uganda, a wholly-owned subsidiary of the Absa Group, have announced a landmark agreement for…
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Business
Economy shows strong growth momentum, eyes double-digit expansion with oil boom
Uganda’s economy is maintaining an upward growth trajectory, with the government projecting faster expansion and long-term transformation fueled by oil…
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Business
Central Bank governor explains why lowering the cost of doing business in Uganda current economic situation requires a multi-dimensional strategy
The Governor, Bank of Uganda, Michael Atingi-Ego has said that significantly lowering the cost of doing business in Uganda requires…
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Business
Government hails Stanbic Bank for revolutionizing Uganda’s money remittances sector
Stanbic Bank has received high praise from the Government of Uganda for its pivotal role in transforming the country’s money…
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Business
Uganda’s digital loan disbursements soar past UGX 2.9 trillion, driving financial inclusion to 67 percent
Digital loan disbursements in Uganda have more than doubled, reaching an impressive 102.4 million transactions valued at UGX 2.9 trillion,…
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Business
Veronicah Gladys Namagembe: The quiet force behind Pride Bank’s remarkable rise
In a landscape often dominated by loud announcements and bold personalities, Veronicah Gladys Namagembe has quietly emerged as one of…
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Business
Bank of Uganda gets new governor
Michael Atingi-Ego has been appointed full governor of Bank of Uganda and will now be deputized by Augustus Nuwagaba. Atingi-Ego…
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