Uganda News » Central Region News Uganda » Central Region » Economy: Uganda central bank raises interest rate to 12% at emergency meeting as shilling hits record lows
The Bank of Uganda raised its benchmark interest rate by 225 basis points to 12% at an emergency meeting on October 14, seeking to contain inflationary pressures intensified by the shilling’s sharp ...
News Uganda » Central Region » Economy: How AYA Group Champions Local Food Processing to Unlock More Value from Uganda’s Agriculture
AYA Mills operates one of the largest commercial milling facilities in East Africa and is home to some of the region’s finest flours. The facilities utilise modern equipment, including ...
News Uganda » Central Region » Economy: Gold, oil and expensive loans: IMF on Uganda’s economic risks
Uganda is preparing for an economy that could look markedly different from today’s. The country is buying gold to strengthen its reserves, anticipating oil revenues, exploring a central bank digital ...
News Uganda » Central Region » Economy: Uganda's FX reserves surged 56% in year ended June, central bank says
KAMPALA, Oct 13 (Reuters) - Uganda's foreign exchange reserves surged 56% year-on-year in the year to June, the central bank said, adding that it also intends to boost gold purchases in the fiscal ...
News Uganda » Central Region » Economy: At 64 - A Look Into Uganda's Journey to Economic Independence
Uganda celebrates 64 years of Independence this Friday, 9th October, 2026, under the theme 'Embracing our sovereignty with hope and visionary leadership.' This year's celebrations will be held ...