Surviving in a Cash-Crunch Economy: How CEOs, CFOs are Managing Debt, Forex, and Capital in a Tight Liquidity Market Corporate leaders and chief financial officers are navigating one of the toughest liquidity climates in years, where money is expensive, credit is cautious, and foreign exchange shocks threaten margins. Survival now depends on capital discipline, smarter risk management, and deliberate investment—proving that in today’s economy, growth isn’t assumed. It’s earned.

Money remains expensive in Uganda. Bank of Uganda has kept its Central Bank Rate (CBR) at 9.75% since August 2025, one of the longest periods without adjustment. The message is clear: maintain macro stability in a world still shaken by global shocks, even if it means keeping domestic credit costly. In practice, this stance raises funding costs for banks, which then pass them on to businesses and households. Inflation eased to 3.4% in October, down from 4% in September, but that only widens the spread between the policy rate and inflation—now over 600 basis points. This makes Uganda’s real interest…