Inflation cools to 2.9% as Uganda’s economy hits fast lane

Uganda’s economy is gaining impressive momentum, with fresh data from the Uganda Bureau of Statistics painting a picture of strong growth, rising exports, and renewed business confidence tempered by emerging fiscal pressures. Economy accelerates to 8.5% growth Preliminary estimates show that Uganda’s economy expanded by 8.5% in the second quarter of FY 2025/26, a sharp…

Uganda holds rates steady as oil boom fuels strong growth outlook

Uganda’s economic outlook for 2026 remains firmly positive, with strong growth momentum, stable inflation, and rising investor confidence shaping the country’s financial trajectory, according to the February 2026 Monetary Policy Report. The Bank of Uganda (BoU) has opted to maintain the Central Bank Rate at 9.75%, signaling a cautious but confident approach as the economy…

Prudential Uganda launches Airtel Money premium payments

Prudential Uganda has introduced a mobile money payment option that allows customers to pay life insurance premiums instantly via Airtel Money, marking a shift toward digital insurance transactions in Uganda. The service, developed in partnership with NxtPe, enables policyholders to complete payments directly from their mobile wallets, with transactions reflecting in real time. The move…

UNBS cracks down on substandard toilet paper in Kampala and Entebbe

Kampala, Uganda — The Uganda National Bureau of Standards (UNBS) has intensified its enforcement operations, seizing 7,970 rolls of substandard toilet paper in a targeted crackdown across Entebbe and Katanga along Binaisa Road in Kampala. The operation was triggered by a consumer complaint regarding the sale of unlabelled toilet paper by street vendors. Acting on…

Uganda targets export boom as China opens door wider at Changsha forum

The Embassy of the Republic of Uganda in Beijing has hosted the Uganda–China (Changsha) Agricultural Trade and Investment Forum, bringing together top officials, investors, and business leaders to strengthen bilateral economic cooperation. Held on March 19, 2026, in Changsha, the forum ran under the theme “Cultivating Partnerships for Prosperity” and focused on expanding trade and…

Bus operators given 60 days to comply as Uganda tightens road safety rules

The Ministry of Works and Transport has announced a 60-day grace period for bus operators to voluntarily inspect their vehicles, in a move aimed at improving road safety and compliance across Uganda’s public transport sector. The decision follows a high-level meeting between ministry officials and leaders of bus operators, convened in response to a recent…

Bobi Wine says he has left Uganda after nearly two months in hiding

Ugandan opposition leader Bobi Wine has announced that he has temporarily left the country to pursue international engagements, after spending nearly two months in hiding following the disputed presidential election. In a video message shared on his social media platforms, the National Unity Platform (NUP) leader said he would meet international partners and diaspora supporters…

Uganda promotes tourism at Moscow international travel exhibition

Moscow, Russia — Uganda attracted strong interest from visitors and travel companies during the Moscow International Travel and Tourism Exhibition (MITT), where the country promoted its tourism offerings to the Russian market. The Ugandan stand drew significant attention from prospective tourists, tour operators and travel agencies attending the event. On the third day of the…

Is your business name really yours? URSB raises alarm

A new campaign by the Uganda Registration Services Bureau is drawing attention to a widespread gap in Uganda’s informal economy, where many entrepreneurs operate without legally securing ownership of their business names. The campaign, titled “Ganyulwa Mu Business,” forms part of URSB’s broader formalisation drive and targets small business owners who assume that using a…

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