Economy
BOU Caps Cash Withdrawals, Slashes Cheque Limits in Push for Cashless Economy
KAMPALA, Uganda -- The Bank of Uganda (BOU) has introduced new limits on over-the-counter cash withdrawals and reduced cheque transaction…
Exchange Rates for UGX on 2nd Dec 2025
On Tuesday 2nd December 2025, various exchange rates against the Ugandan Shilling (UGX) were observed. The rates are as follows:…
Ugandan Shilling Weakens — USD/UGX at ~ 3,635 as of 1 December 2025
The Ugandan Shilling (UGX) continues to face pressure against the US Dollar (USD). As of today, the mid-market USD/UGX rate…
USD to UGX Exchange Rate — 29 November 2025
The Ugandan Shilling (UGX) remains under pressure against the US Dollar (USD), with the mid-market rate standing at approximately UGX…
Ruto and Museveni Hail Devki’s $500M Tororo Steel Project as a New Dawn for East Africa During Groundbreaking Ceremony
Presidents William Ruto of Kenya and Yoweri Kaguta Museveni of Uganda on Saturday presided over the groundbreaking of the Devki…
Uganda, China Deepen Investment Ties as Investors Eye Key Sectors
KAMPALA, Uganda — Uganda has stepped up efforts to attract more foreign direct investment, with a high-level delegation of Chinese…
How Nyakisharara International Airport Will Transform Mbarara City Into Uganda’s Next Trade and Aviation Hub
Uganda is set to embark on the construction of a major international airport in Mbarara District, as a consortium of…
