By Prof. Augustus Nuwagaba (PhD), Deputy Governor Bank of Uganda When a Ugandan farmer sells a bag of coffee, the real question is not only: How much have I earned? The bigger question is: What can I purchase with the money I have earned? That is the real meaning of Terms of Trade (ToT). In…
By Prof Augustus Nuwagaba (PhD), Deputy Governor Bank of Uganda There has been a lot of debate in regard to what makes a currency potent. Is it the exchange rate against the United States Dollar (USD)?; the size of the notes in your wallet?; or something else? The truth is; a strong currency starts with…
Equity Bank Uganda will on Saturday, August 1, 2026, host the latest edition of the Equity Diaspora Xchange, a virtual forum that will bring together government officials, financial experts and Ugandans living abroad to discuss how diaspora remittances can be turned into long-term investments. The discussion will be held under the theme, “From Remittance to…
By Prof Augustus Nuwagaba, PhD, Deputy Governor Bank of Uganda Every successful economy has built its prosperity on productivity. Whether a nation like Uganda or an individual person, we must constantly ask ourselves: How can we produce more, waste less, and create greater value from our resources? Take a farmer with one acre of land….
By Prof. Augustus Nuwagaba, Deputy Governor Bank of Uganda Of recent, there has been debate on the impact of capital inflows on domestic economies, specifically forex rates, currency performance, and economic growth. Large capital inflows bring considerable economic benefits to recipient countries. We must understand these dynamics to make informed decisions. It’s important to note…
