Economy

Commencement of Local Currency Printing in Uganda Set for Next Year

The printing of Uganda currency notes locally is poised to begin next year with the completion of a printing factory…

Uganda Nears Removal from FATF Grey List, Faces New Challenges

Uganda is on the brink of being removed from the Financial Action Task Force's (FATF) grey list after the global…

Uganda Makes Progress in Talks with World Bank over Anti-Gay Law

Uganda's deputy central bank governor, Michael Atingi-Ego, has stated that the country has made significant progress in negotiations with the…

Economic Pressures Loom as Uganda Grapples with a Weakening Shilling

Markets experts anticipate the expected marginal depreciation of the US dollar to drive up the prices of imported consumables that…

5 Trillion Shillings Remain Locked in Legal Battles – Bank of Uganda

In a nation grappling with financial concerns, the Bank of Uganda has raised alarm over a significant amount of money…

Price Stability: How Onions, Maize Flour, and Sugar Are Impacting Uganda’s Inflation

In Uganda, a noticeable decline in the average year on year inflation rate has been attributed to the consistent prices…