Uganda, March 7 -- A sudden depreciation of the shilling against the dollar has presented heightened inflationary pressures, which Bank of Uganda yesterday said might see inflation rise above the 5 pe... Read More
Uganda, March 5 -- Ms Anne Juuko has been appointed Global Markets Regional Head-East Africa covering seven countries effective April 1, 2024, after serving as Stanbic Bank Uganda CEO for four years.M... Read More
Uganda, March 4 -- The National Social Security Fund (NSSF) said Monday that it aims at growing its assets to Shs50 trillion by 2035 after members' contribution and its income increased by Shs1.032 tr... Read More
Uganda, March 1 -- The increase in education service charges ranging from tuition, and scholastic material and uniforms pushed up inflation, which means that most Ugandans spent more in February than ... Read More
Uganda, Feb. 28 -- Uganda registered the highest trade surplus with DR Congo amounting to $53.07m (Shs208.9b) in January, according to the Ministry of Finance Performance of the Economy report. The r... Read More
Uganda, Feb. 23 -- The Uganda shilling continued to slide during the week to trade at the rate of Shs3927 buying per US dollar and Shs3937 selling on Friday, which is an approximate depreciation of 4.... Read More
Uganda, Feb. 21 -- Government is expected to borrow Shs13 trillion both from the external and domestic markets to fund budget and project financing in the 2024/25 financial year. The Shs13 trillion i... Read More
Uganda, Feb. 20 -- To fight the rise in fraud across Uganda's financial sector, bankers have been advised to increase public awareness, ensure the highest standards of integrity, including robust inte... Read More