Business

BoU approves sale of Standard Chartered bank’s wealth and retail banking business to Absa

The Bank of Uganda (BoU) has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking (WRB) business to Absa Bank Uganda...

Housing Finance Bank shapes dialogue on urban housing at Gulu property investment conference

As Uganda’s newly created secondary cities continue to expand, attention is increasingly shifting from simply recognizing their economic potential to finding practical ways to...

AfDB commits Shs2.4t to Uganda’s Standard Gauge Railway project

The African Development Bank (AfDB) has reaffirmed its commitment to financing the construction of Uganda’s long awaited Standard Gauge Railway (SGR), offering a major...

Uganda projects 6.6% economic growth as post-election stability boosts trade, investment, and fiscal outlook

Uganda’s economy remained stable throughout the 2026 general elections and the immediate post-election period, with the government projecting stronger growth, declining inflation, improving trade...

Museveni directs three-year multiple-entry visas for tourists

President Yoweri Kaguta Museveni has directed Ugandan immigration authorities to consider issuing three-year multiple entry visas for tourists and visitors, saying the current practice...

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