The Bank of Uganda has raised its Central Bank Rate (CBR) from 9.75% to 12%, a 2.25 percentage-point increase, as rising global oil prices and pressure on the shilling threaten to push inflation higher. The decision was announced on October 14 following a special meeting of the Monetary Policy Committee chaired by Governor Michael Atingi-Ego….
Equity Bank Uganda MD Gift Shoko poses with other partners for a photo session with the Speaker of the Parliament of Uganda Hon Jackson Oboth at the 3rd CEOs’ Breakfast Meeting to Advance Financing Equity bank Uganda was a proud sponsor and partner at the 3rd CEOs’ Breakfast Meeting & High-Level Dialogue on Green Economy,…
The Uganda shilling continued to weaken against the US dollar during the morning session, opening at 4160/4170 and sliding to a fresh all-time low of 4240/4250, according to Absa Bank Uganda Tuesday market report. The move was driven by strong interbank dollar demand amid limited hard currency supply, which kept the market significantly bid for…
By Henry Tumusiime, Human Capital Director – Absa Bank Uganda. For much of the corporate world, change used to be something organisations prepared for. It arrived with a restructuring, a new strategy, a merger or a new system and leaders would mobilize people around a defined period of transition. That way of thinking is becoming…
Milton Ugandan senior commercial and marketing leader George Milton Mukula has been appointed Commercial & Product Development Lead at MMD Steel Group, an African steel manufacturing group with operations across multiple African markets, marking a major step in his career from East African commercial leadership into a broader Pan-African mandate. Mukula will be based in…
Boda boda riders were sensitised on safer gambling practices as part of the inaugural Africa Safer Gambling Week 2026, in an engagement organised by the National Lotteries and Gaming Regulatory Board in partnership with GOGO Electric. The activity was part of the Board’s approach to taking responsible gaming education beyond traditional industry audiences and directly…
The Public Relations Association of Uganda (PRAU) has today launched its 50th Anniversary celebration roadmap and announced a four-day Golden Jubilee Summit scheduled for 20–23 October 2026 at the Source of the Nile Hotel in Jinja City, culminating in the 10th PRAU Excellence Awards on the evening of 23 October 2026. Founded on 22 May…
The Capital Markets Authority (CMA) on Thursday used its 30th anniversary symposium to press government, issuers and intermediaries to turn three decades of market building into long term finance for a $500 billion economy. The symposium, at the Kampala Serena Hotel, closed the CMA@30 programme under the theme “Re-imagining Uganda’s Capital Markets for a Sustainable…
Equity Executive Director Claver Serumaga in the Middle(Red Tie-Blue Suit) with outstanding customers at the Banks Customer Appreacution Breakfast at Protea Hotel Equity Bank Uganda has recognised 80 customers for loyalty, business growth, community impact and their continued engagement with the Bank, as it marked Customer Service Week 2026 under the theme “Going the Extra…
Absa Bank Uganda has launched a new Wealth proposition designed to help customers invest, grow, diversify and preserve their wealth through a single trusted banking relationship. The launch comes at a time when Uganda’s investment landscape is experiencing significant growth. According to the Capital Markets Authority, assets under management in Collective Investment Schemes have grown…
