Support Us
Subscribe
TodayFriday, May 15, 2026

Ugandan Economy

The Governor of the Bank of Uganda, Dr. Michael Atingi-Ego (2nd L), handing the Pearl Bank operating license to Julius Kakeeto, Managing Director of Pearl Bank Uganda (2nd R), while Priscilla Akora, Head of Marketing and Communications at Pearl Bank Uganda (R), and Moses Kalyango, Executive Director of Supervision at the Bank of Uganda (L) look on.

From PostBank to Pearl: A Homegrown Bank Reimagining Banking in Uganda

There is something quietly significant unfolding in Uganda’s banking sector, and it goes beyond the headline numbers. Pearl Bank’s latest financial results for the year ended December 2025 tell a story of
April 14, 2026
·
President Museveni (in hat) joined by Africa Gold Refinery Limited (AGR) officials and then Minister of Energy and Minerals Irene Muloni (left) launch the refining facility in February 2017. Today gold is Uganda’s largest forex earner, accounting for 31% of all export earnings.

Uganda’s 2019 export earnings reach a historic USD4.1 billion

Uganda’s export earnings in 2019, grew by 11.9% from USD3.6 billion in 2018 to USD4.1 billion in 2019. This was despite a 79% decline in formal and informal export earnings from Rwanda-
February 21, 2020

 

error: Content is protected !!
×