foreign exchange Archives – CEO East Africa

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

Paul MurungiEnergy, Oil & Gas The 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…

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

Paul MurungiBanking & Financial Services The 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…