Bank of Uganda Maintains Central Bank Rate at 9.75%
The Bank of Uganda (BoU) has decided to keep the Central Bank Rate (CBR) unchanged at 9.75%. The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic activity while ensuring inflation stabilizes around the target over the medium to long term, despite ongoing global
How Uganda’s economy can withstand global turmoil
By Bethuel Karanja From Washington to Beijing, the global economic weather is turning unpredictable. Trade rules that once anchored international commerce are fraying under the strain of protectionism, geopolitical rivalry and economic nationalism. For a small, open economy like Uganda’s deeply plugged into global commodity markets, capital flows and donor
MTN flags off Pachi Panda Innovation Challenge winners to South Africa
MTN Uganda yesterday flagged off the country’s winners of the Pachi Panda Innovation Challenge as they prepare to pitch their innovations at the continental finals in South Africa, competing against peers from across Africa for a pan-African award. The winners – FarmGate Digital, Kampala Buzzline, and Bottle for Cash Eco-Drop –
Absa appoints Catherine Kijjagulwe as Head of Markets
Absa Bank has appointed Catherine Kijjagulwe as head of Markets, effective 20 January 2026. Catherine brings over two decades of deep expertise in financial markets, with a strong track record in treasury management, trading, and market strategy. She previously served as Head of Trading at Absa Bank Uganda, where she
Absa Drives Inclusion with Rwenzori Region Bamboo Wheelchair Donation
Absa Bank Uganda has donated Shs40 million to the Kyaninga Child Development Centre (KCDC) to support critical therapeutic services, nutrition, and mobility for children living with disabilities in the Rwenzori region. The contribution is aimed at strengthening KCDC’s capacity to deliver specialised therapy and inclusive education to more than 1,000
Artfield Celebrates Graduates and Opens Doors for 2026
There’s a quiet moment that happens at every creative graduation. Not when names are called or certificates handed over, but when students look around and realize they’re no longer “learning artists.” They’re professionals now. That moment defined the Artfield Institute of Design’s 8th Graduation, where the Class of 2025 gathered
Uganda’s Competitiveness in Focus at 2026 Stanbic Economic Forum
The 2026 Stanbic Economic Forum, themed “Uganda’s Inflection Point: Competing in a Rewired Global Economy”, will be streamed live on Stanbic Bank’s YouTube channel on February 12, starting at 8:30 a.m. Uganda is set to begin commercial sales of its crude oil reserves in western Uganda later this year—a milestone
World Enters Nuclear Governance Vacuum as New START Treaty Expires
The world’s last remaining strategic nuclear arms control agreement between the United States and Russia officially expired on February 5, plunging global security into what analysts describe as a dangerous “nuclear governance vacuum” with no binding limits on the world’s largest nuclear arsenals. The New Strategic Arms Reduction Treaty
US Extends AGOA as Ugandan Trade Advocates Welcome Breakthrough in Washington
The United States’ decision to reauthorise the African Growth and Opportunity Act (AGOA) through December 2026 has been welcomed by African trade advocates, who see the move as a critical step toward restoring certainty in Africa–U.S. trade relations. President Donald Trump on Tuesday signed legislation extending AGOA with retroactive effect
Java House Opens New Naguru Outlet, Expands Footprint in Uganda
Java House Uganda has marked 12 years in the local market with the official opening of its new outlet at Shell Naguru, bringing its total number of restaurants in the country to ten. The Naguru branch, described as a flagship investment, is part of Java House’s broader strategy to bring
