Kenya’s financial markets displayed a mix of resilience and caution during the week ending March 12, with the Kenya Shilling holding steady against major currencies. Remittances continued to rise, and…
Seven years ago, in February 2019, Parliament launched one of the most consequential investigations ever conducted into Uganda’s financial sector. The probe by the Committee on Commissions, Statutory Authorities and…
Banks are lending more freely for now, but are preparing to tighten the taps as election uncertainty builds, and borrowers show signs of strain. Lending conditions in the quarter ending…
As the rest of Uganda chokes on expensive credit, with commercial bank lending rates hovering between 18 and 20 percent, staff at the Bank of Uganda (BoU) are enjoying the…
Bank of Uganda is set to regulate operations of mortgage refinancing institutions once the Mortgage Refinance Institutions Bill, 2025 is passed into law. The Bill mandates the Central Bank to…
Uganda’s central bank, the Bank of Uganda (BoU), has appointed Collin Babirukamu as its new Executive Director of Information Technology. This move is set to bolster the central bank’s digital…
Travelling in rural Uganda and interacting with the population whose farming activities are imperiled by unprecedented rainfall patterns, one is likely to hear farmers who have worked the same land…
By Silvia Nyambura Without proper evaluation of the youth capital venture fund, government unveils yet another massive youth scheme: In its efforts to fight youth unemployment, in early 2012 the Ugandan…
By Patrick Kagenda The Uganda Shilling is forecast to strengthen further against the US Dollar in the coming week, helped by inflows from NGOs and from offshore investors participating in…
By Taddewo Senyonyi Bank of Uganda (BoU), on February,4, 2014 maintained the February 2014 Central Bank Rate (CBR) at 11.5% to further control inflation. This follows an increase in annual…
