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    Bank of Uganda

    Tight Rules, Big Money: Energy Ministry Restricts Gold Trade to Licensed Operators as Central Bank Enters a UGX 20 Trillion Market 

    Paul MurungiEnergy, Oil & GasThe Big StoryDecember 19, 2025February 13, 2026

    The Ministry of Energy and Mineral Development has tightened control over Uganda’s gold trade, unfolding against a backdrop of record-breaking export earnings, a planned entry of the central bank into…

    Miriam Ekirapa Musaali, Cambridge-trained corporate finance lawyer and CMA Director Legal and Board Affairs, served Uganda’s capital markets with integrity, resilience, and faith through her cancer journey. Rest in peace.

    TRIBUTE | Miriam Ekirapa Musaali: A Testament of Faith, Courage, and Enduring Strength Against Cancer

    Muhereza KyamuteteraThe Big StoryDecember 10, 2025December 10, 2025

    In the days leading to her passing, Miriam Ekirapa Musaali, a distinguished corporate lawyer, governance expert, and one of Uganda’s most respected financial-sector minds, left behind more than a professional…

    Moses Lutalo argues Uganda’s real estate struggles aren’t about demand, but broken systems: costly financing, volatile currency, heavy taxes, and weak land governance squeezing developers daily, scaring off long-term capital.

    Inside Uganda’s Property Market: Broll Uganda’s Moses Lutalo on Sector Realities and the Signals Investors Can’t Ignore

    Jeff WintersThe Big StoryDecember 6, 2025December 5, 2025

    When I sit down with Moses Lutalo, the Managing Director of Broll Uganda, the conversation quickly settles on the forces reshaping Uganda’s real estate landscape: financing pressures, currency volatility, talent…

    Uganda’s property market mirrors the macro: steady growth, low inflation and a firm shilling support demand. Urbanisation and new industrial cities spread opportunity, but quality supply remains scarce in 2026.

    The Future of Uganda’s Property Market and Where to Invest in 2026

    Jeff WintersThe Big StoryDecember 4, 2025December 4, 2025

    Real estate markets are, at their core, mirrors of the economies they sit within. In advanced economies, that mirror reflects a relatively stable image: steady credit markets, predictable consumer demand,…

    Bank of Uganda Applauds Pearl Bank over Smooth Transition and Digital Innovation

    Muhereza KyamuteteraCompany NewsNews & AnalysisNovember 25, 2025November 25, 2025

    Pearl Bank’s transition from PostBank marks the culmination of a five-year transformation journey—one that has modernised its operations, expanded its national footprint, and positioned the institution as a digital-first champion…

    Bank of Uganda Grants Operating License to Pearl Bank

    Paul MurungiBanking & Financial ServicesThe Big StoryNovember 25, 2025November 25, 2025

    The Bank of Uganda (BoU) has issued an operating license to Pearl Bank Uganda Limited, which formerly operated as PostBank Uganda, paving the way for the institution to commence business…

    Bank of Uganda’s new rules bring financial holding companies under full supervision, tightening governance, capital standards and oversight across entire banking groups to strengthen stability and close long-standing regulatory gaps.

    A New Era of Oversight: How BoU’s Holding Company Rules Will Reshape Financial Sector Regulation

    CEO East Africa MagazineThe Big StoryNovember 19, 2025November 19, 2025

    Uganda’s financial sector is entering a new era of oversight. Bank of Uganda (BoU) has issued Guidelines on Financial Holding Companies, 2025. This is a sweeping framework that reshapes how…

    The shilling swung sharply last week, tumbling midweek before staging a cautious rebound. Offshore outflows and import demand drove volatility, but the currency’s recovery signals resilience ahead of the festive and election seasons.

    Shilling on the Edge: Market Jitters Ease After Heavy Midweek Depreciation – Will the Gains Hold?

    CEO East Africa MagazineThe Big StoryNovember 17, 2025November 17, 2025

    The shilling experienced one of its most volatile stretches in recent months. It swung wildly as offshore realignments and rising import demand disrupted its long-held stability. The currency opened last…

    A photo montage of Knight Frank’s Judy Rugasira Kyanda, Broll Property’s Moses Lutalo, Quality Chemical’s Ajay Kumar Pal, Stanbic Bank CFO Ronald Makata, MTN CFO Andrew Bugembe, and Innovex’s Douglas Baguma. Uganda’s CEOs and CFOs are navigating a tight-liquidity economy where money is costly and slow-moving. Discipline, smarter capital allocation, and tighter risk management now define survival as companies rethink growth, debt, and currency exposure.

    Surviving in a Cash-Crunch Economy: How CEOs, CFOs are Managing Debt, Forex, and Capital in a Tight Liquidity Market

    Jeff WintersThe Big StoryNovember 17, 2025November 19, 2025

    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…

    Lloyds Forex Bureau Shuts Down After Nearly 30 Years in Uganda’s Foreign Exchange Market, Bank of Uganda Confirms

    Paul MurungiBanking & Financial ServicesThe Big StoryNovember 14, 2025November 14, 2025

    Lloyds Forex Bureau, one of Kampala’s longest-standing foreign exchange and remittance operators, has formally exited the market after voluntarily ceasing operations, the Bank of Uganda (BoU) has announced. In a…

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    • Kenya’s financial markets remained stable as the shilling held firm, remittances rose, and equities gained, even as bond market activity slowed and global pressures from oil prices and geopolitics intensified.
      Kenya Shilling Holds Firm as Remittances Rise and Markets Show Mixed Signals – Central Bank Report
      by CEO East Africa Magazine
      March 14, 2026
    • After 29 Years in Court, Government Ordered to Pay UGX 512.9 Million in Kamuli Land Dispute
      by Paul Murungi
      March 13, 2026
    • Under Sylvia Mulinge’s leadership, MTN has strengthened its financial position, accelerated growth in data and fintech, and expanded network investment, positioning the telecom to capture Uganda’s fast-growing digital economy.
      Five Years of Ambition: MTN Caps Strategy Cycle With Strong Growth
      by Muhereza Kyamutetera
      March 13, 2026
    • Building Financial Resilience: How CFO Arnold Ainebyona Is Positioning SanlamAllianz Life for Growth and Capital Strength
      by Paul Murungi
      March 13, 2026
    • Saviour Chibiya, Regional Chief Executive, Absa Group, addresses staff during a town hall meeting with Absa Bank Uganda employees at the Kampala Sheraton Hotel this week. During his visit to Uganda, Chibiya emphasised Absa’s ambition to become the “bank of choice for economic development” across the markets where it operates.
      “We Want to Be the Bank of Choice for Economic Development”: Saviour Chibiya on Absa’s Strategic Bet on East Africa 
      by Muhereza Kyamutetera
      March 13, 2026
    • I&M Bank Katogo Golf Series Returns to Entebbe with Innovative Format and High-Stakes Rewards
      by Brian Emorut
      March 13, 2026
    • UK Scholarships Unit Head Visits Uganda to Strengthen Chevening and Commonwealth Education Partnerships
      by Brian Emorut
      March 13, 2026
    • Janet Navuuga says Uganda’s evolving governance landscape demands more than qualifications for board leadership. The Fit and Proper Test ensures that integrity, competence, and ethical reputation remain central to those entrusted with corporate oversight.
      Preparing for Board Leadership: Why the Fit and Proper Test Matters
      by CEO East Africa Magazine
      March 13, 2026
    • Stanbic, Absa and Centenary Control Nearly Half of Uganda’s Bancassurance Market as Premiums Top UGX 302 Billion
      by Paul Murungi
      March 13, 2026
    • Insurance Premiums Hit UGX 2.03 Trillion as Jubilee and Prudential Lead Life, SanlamAllianz and Old Mutual Dominate Non-Life
      by Paul Murungi
      March 13, 2026

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