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Bank of Uganda- Page 8

Many ordinary Africans have found themselves trapped in a system built by colonialists, optimized by neoliberals, and defended by large setups such as the IMF, UN, and World Trade Organization. It protects the rich while squeezing the poor.
Many ordinary Africans have found themselves trapped in a system built by colonialists, optimized by neoliberals, and defended by large setups such as the IMF, UN, and World Trade Organization. It protects the rich while squeezing the poor.

How Debt, Tax, and Colonial Legacies are Rigging Africa’s Future

Christine Aber wakes before the sun does in Northern Uganda. She sets up her modest stall and begins the daily grind – selling a humble mix of millet flour, rice, and soya.
August 14, 2025
Bank of Uganda Governor Michael Ating-Ego speaks during the Uganda Bankers' Association Annual Conference in Kampala. Remittances from Ugandans working overseas had by 2024, according Bank of Uganda, reached $1.5b, up from $1.1b in 2016.
Bank of Uganda Governor Michael Ating-Ego speaks during the Uganda Bankers' Association Annual Conference in Kampala. Remittances from Ugandans working overseas had by 2024, according Bank of Uganda, reached $1.5b, up from $1.1b in 2016.

Uganda’s Most Underused Asset: Why the Remittance System Needs a Total Rebuild

Imagine Amina, a young mother in Kampala, waiting every month for money sent by her brother working abroad. That money pays for her children’s school fees, medicine, and food. But sometimes, the
August 8, 2025
The Bank of Uganda report is a mixture of caution due to rising incidents of cyber fraud and a celebration of continued growth and resilience.
The Bank of Uganda report is a mixture of caution due to rising incidents of cyber fraud and a celebration of continued growth and resilience.

Digital Credit Doubles, But So Do Cyber Risks: Uganda’s Banking Paradox

As Uganda’s economy gains momentum in its post-pandemic rebound, a quiet contradiction is taking shape in the financial sector. On the surface, there’s cause for celebration. Mobile money volumes are hitting new
July 9, 2025
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Left-Right: Finance Minister Matia Kasaija, Bank of Uganda Governor Michael Ating-Ego, and Lawyer Silver Kayondo. The Finance Ministry and Bank of Uganda maintain that cryptocurrencies are not legal tender in Uganda. Kayondo’s attempt to find legal means of regularizing cryptocurrency through the court was dismissed.
Left-Right: Finance Minister Matia Kasaija, Bank of Uganda Governor Michael Ating-Ego, and Lawyer Silver Kayondo. The Finance Ministry and Bank of Uganda maintain that cryptocurrencies are not legal tender in Uganda. Kayondo’s attempt to find legal means of regularizing cryptocurrency through the court was dismissed.

Uganda Sits on a Trillion Shilling Crypto Market – But Without Rules, Clarity or Direction

Imagine a young software developer in Kampala. He’s just finished building a smart-contract application that could help farmers track produce payments without relying on brokers. He’s hopeful, energized, but frustrated. Because while
July 1, 2025
Auditor General Edward Akol (right) reveals a cocktail of failures, including delayed or non-payment of enumerators, which could have been one of the earlier signs of a messy census conducted by Ubos under the leadership of Chris Mukiza.
Auditor General Edward Akol (left) reveals a cocktail of failures, including non-payment or delayed payment of enumerators, which could have been one of the earlier signs of a messy census conducted by Ubos under the leadership of Chris Mukiza.

The Census that Cannibalized the System: Auditor General Digs Inside Uganda’s UGX396 billion Data Gamble

“Counting people should never cost a country its ability to make people count.” These words, first voiced during a 2015 keynote address by South African statistician Pali Lehohla at a UN Data
June 17, 2025
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