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A service for banking industry professionals · Saturday, March 7, 2026 · 897,789,316 Articles · 3+ Million Readers
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Bank of Uganda News Monitoring

  • Published on Feb 21, 2026

    Bank of Uganda maintains the central bank rate

    The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today. The Monetary Policy Committee (MPC) assessed that the current policy stance remains …

    Source: Observer - Neutral
  • Published on Feb 18, 2026

    Bank of Uganda Awards Absa Top Primary Dealer as Market Liquidity Improves

    By David Mwanje Absa Bank Uganda has been named the Best Performing Primary Dealer Market Maker for government securities by the Bank of Uganda, recognising the bank’s growing role in Uganda’s domestic debt market. The award, covering performance from …

    Source: UBC - Uganda Broadcasting Corporation - Pro-Government
  • Published on Feb 19, 2026

    Uganda’s Economic Outlook: Bank of Uganda and NPA officials advise caution and strategic growth

    The changing face of the oil and gas field in Bulisa district where TotalEnergies’ Tilenga project is located. Kampala, Uganda | THE INDEPENDENT | Uganda’s economic future is poised between opportunity and caution, according to top officials from the Bank …

    Source: Independent (Uganda) - Center-left
  • Published on Feb 10, 2026

    Bank of Uganda keeps Central Bank rate at 9.75%

    Yesterday, the Bank of Uganda kept its Central Bank Rate unchanged at 9.75% for the sixth straight meeting. Governor Michael Atingi-Ego said the hold balances a steady growth forecast of 6.5 to 7% this fiscal year, with inflation remaining below the 5% …

    Source: NTV Uganda - Neutral
  • Published on Mar 2, 2026

    Uganda Central Bank’s Gold Programme: Macro Strategy or Safe Haven Play?

    Uganda’s central bank has announced the launch of a domestic gold purchase programme, marking a strategic pivot in the country’s approach to macroeconomic stability. Beginning in March 2026, the Bank of Uganda aims to buy gold directly from domestic miners …

    Source: African Leadership Magazine - Pending
  • Published on Feb 9, 2026

    Bank of Uganda retains policy rate at 9.75% as inflation remains subdued 

    The Bank of Uganda (BoU) has retained its benchmark Central Bank Rate (CBR) at 9.75%, maintaining its accommodative monetary policy stance amid a stable inflation outlook. The decision was announced on Monday by the Governor of the Bank of Uganda following …

    Source: Nairametrics - Neutral
  • Published on Feb 9, 2026

    Bank of Uganda Keeps Key Interest Rate at 9.75% as Inflation Remains Below Target

    The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75 percent, citing stable inflation and steady economic growth amid persistent global uncertainty. In its Monetary Policy Statement for February 2026, the BoU Monetary Policy …

    Source: UBC - Uganda Broadcasting Corporation - Pro-Government
  • Published on Mar 3, 2026

    Gold for Reserves: Uganda latest African country to follow Ghana’s lead

    Uganda has become the latest country in Africa to adopt Ghana's pioneering lead of its central bank buying domestic gold to boost reserves and the economy. The Bank of Ghana, following the initiative of former Vice President, Dr Mahamudu Bawumia in …

    Source: MyJoyOnline - Pending
  • Published on Feb 7, 2026

    Bank of Uganda warns public against using currency notes for decorations

    The Bank of Uganda has issued a public notice cautioning citizens against misusing Uganda Shilling banknotes and coins, particularly in decorative displays such as money bouquets, gift arrangements, and “money cakes.” The warning comes amid a growing trend …

    Source: TV47 - Indeterminate
  • Published on Mar 4, 2026

    Uganda’s $34bln debt surge threatens its credit profile

    Uganda’s public debt has surpassed $34 billion, intensifying concerns about the country’s ability to repay its creditors.   The debt stock rose sharply from $25 billion in 2023/24 to $32 billion in 2024/25, driven by heavy domestic borrowing to …

    Source: Zawya - Indeterminate
  • Published on Mar 1, 2026

    Why BoU postponed SACCO license enforcement

    Bank of Uganda Kampala, Uganda | THE INDEPENDENT | Bank of Uganda extended the deadline for the registration of SACCOs by six months, amidst opposition from the leadership of the cooperative movement over the planned regulatory takeover. ‎ ‎This extension …

    Source: Independent (Uganda) - Center-left
  • Published on Mar 3, 2026

    Uganda to Start Domestic Gold Purchasing Programme to Boost Reserves

    Uganda’s central bank has announced plans to launch a domestic gold buying programme in March, a strategic move designed to strengthen the country’s foreign exchange reserves and cushion the economy against global volatility. Under the initiative, the Bank …

    Source: West Africa Weekly - Indeterminate
  • Published on Feb 26, 2026

    BoU Deputy Governor Calls for Faster Shift to Secure Digital Payments.

    The Deputy Governor of the Bank of Uganda, Prof. Augustus Nuwagaba, has called for accelerated adoption of secure, inclusive and interoperable digital payment systems to support commerce and economic activity in Uganda. Speaking at the Bank CEOs’ Dinner …

    Source: UBC - Uganda Broadcasting Corporation - Pro-Government
  • Published on Mar 2, 2026

    When Uganda’s emergency crises become cash cows

    A Uganda Red Cross Society staff offers support to an elderly man as he wades through a flooded homestead following the devastating floods and landslides that swept Sebei, in the Elgon region of eastern Uganda in November, 2025. During such events, …

    Source: Independent (Uganda) - Center-left
  • Published on Feb 27, 2026

    Kenya, Uganda in race to change Sacco rules as losses hit members

    Nairobi and Kampala are moving to tighten oversight of savings and credit cooperatives (Saccos) after a string of collapses and fraud cases exposed risks in institutions long celebrated as engines of financial inclusion. Both governments are reviewing …

    Source: Zawya - Indeterminate
  • Published on Feb 26, 2026

    Ugandan Banks move data locally amid cybersecurity concerns

    For years, the savings, salaries, and small business payments of thousands of Ugandans were processed and stored outside the country. This was beyond the immediate reach of local regulators, raising concerns about data exposure, cyber threats, and delayed …

    Source: NTV Uganda - Neutral
  • Published on Feb 18, 2026

    Buying gov’t bonds: There is a need to redesign BoU’s project Okusevinga

    Okusevinga launch In mid-December 2025, the Bank of Uganda and the ministry of Finance launched “Project Okusevinga,” aimed at providing government bonds to ordinary Ugandans in a cost-effective way. Currently in its pilot phase, the project operates as a …

    Source: Observer - Neutral
  • Published on Feb 24, 2026

    Africa’s Mobile Money Boom Leaves Users Vulnerable to Cyber Crime

    African nations lead the world in the use of mobile money, yet weak regulation and poor digital literacy leave users open to abuse by online scammers and other criminals, experts say. Collectively, African mobile users held more than 1.1 billion of the 2.1 …

    Source: Africa Defense Forum - Indeterminate
  • Published on Feb 22, 2026

    Uganda, Kenya deepen energy ties with pipeline share deal

    Ugandan officials sign deal with Kenya to participate in the upcoming Initial Public Offering (IPO) of the Kenya Pipeline Company (KPC) Nairobi, Kenya | THE INDEPENDENT | Uganda has finalized negotiations with Kenya over Kampala’s participation in the …

    Source: Ghana MMA - Neutral

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