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TodayThursday, April 23, 2026

Economy

Bank of Uganda Governor, Michael Atingi-Ego and his deputy, Augustus Niwagaba have opted to hold the Central Bank Rate at 9.75% citing a resilient domestic economy and broadly contained inflation.

Bank of Uganda Holds CBR at 9.75% Amid Resilient Growth and Rising Inflationary Risks

The Bank of Uganda (BoU) has opted to hold its Central Bank Rate (CBR) steady at 9.75% in its May 2025 Monetary Policy statement, citing a resilient domestic economy and broadly contained
May 16, 2025
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Stanbic management team at the release of the of the half-year perfomance results at Crested Towers in Kampala. Francis Karuhanga, CEO-Stanbic Uganda Holdings Limited (Center), Ronald Makata- Chief Finance and Value Management Officer (Second Left), Cathy Adengo- Head of Sustainability at Stanbic Bank Uganda (Second Right), Israel Arinaitwe- Head Personal Markets, (Extreme Right) Kenneth Agutamba - Head, Reputation and Communication (Extreme Left).

Stanbic Bank Uganda’s net profit surge to UGX 236 billion in the first half of 2024

Stanbic Bank Uganda has maintained a strong growth momentum in the first half of 2024 posting a profit of UGX 236 billion on its income statement.  This represents a 17.6 percent growth
August 18, 2024
Equity Bank Managing Director Anthony Kituuka (far right) with Susan Nsibirwa (centre in floral dress) and other official sponsors from KMPG for the Top 100 Mid-sized Company Survey at Sheraton Hotel Kampala.

Equity Bank, KPMG, and Daily Monitor unveil Top 100 SME Survey campaign  

Equity Bank Uganda Limited in partnership with KPMG and Daily Monitor has officially launched the 2024 Uganda Top 100 SME survey campaign under the theme: ‘Empowering SMEs for a Monetized Uganda: Catalysing
July 23, 2024
Muhakanizi says he was on sick leave during the process of the payments adding that his deputy, Patrick Ocailap was in charge at the time. File photo

Retirement Benefits Liberalization Bill not withdrawn ….. Muhakanizi

By Our Reporter Following what transpired in a stakeholders meeting held on February 25, 2014 at Imperial Royale Hotel during a meeting which the Permanent Secretary and Secretary to the Treasury had
March 13, 2014
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