Uganda Business News | Uganda Business News

The sound of the scam — how Afrobeats became a moral text for cybercrime

A group of young people dancing at a crowded nighttime event.

A study of 40 Afrobeats songs finds their lyrics actively rationalise cybercrime, dehumanise victims, and frame fraud as divine favour

Why the Aga Khan Fund is parting with Nation Media Group after 66 years

The Nation Media Group's head offices in Nairobi

AKFED sells its controlling stake in Nation Media Group to a Tanzanian businessman, ending a 66-year relationship with East Africa’s biggest media house

US health deals offer Africa money — and take something far more valuable

A laboratory technician in white protective gear and a face mask holds a rack of test tubes in a bright, modern molecular biology lab in Mozambique. In the background, another technician works at a large diagnostic machine.

Eighteen African countries have signed bilateral health deals with the US — but experts flag serious conditions in the fine print

Bank of Baroda Uganda appoints new managing director

Bank of Baroda's headquarters on Kampala road, Kampala

Bank of Baroda Uganda appoints Chandan Singh as managing director after receiving regulatory approval from Bank of Uganda

AfDB’s new Uganda Country Manager presents credentials, pledges stronger development partnership

Two men, standing, shake hands at a diplomatic presentation of credentials.

The African Development Bank Group’s newly appointed country manager for Uganda, Themba Bhebhe, last month presented his diplomatic credentials to the Minister of Foreign Affairs

Business conditions strengthen in February

High-angle view of an expansive industrial warehouse showing systematic stock accumulation in yellow bins and tiered racking.

The Stanbic Bank Uganda PMI jumped to 54.2 in February as output, employment, and new orders all rose across monitored sectors

Uganda faces higher fuel costs as US-Iran war roils oil markets

Rise in gasoline prices concept with double exposure of digital screen with financial chart graphs and oil pumps on a field. Stock photo.

Uganda faces dearer fuel imports and currency pressure as the US-Iran war pushes oil prices higher, but first oil in H2 2026 offers a longer-term upside

Inflation eases as education costs moderate

An instructor and students at the International School of Uganda engage with 3D printing technology and laptops in a modern design laboratory in Kampala.

Annual inflation fell to 2.9% in February from 3.2% as education and service cost pressures eased

Uganda bonds draw strong demand as yields fall to near two-year lows

A stack of Ugandan shilling banknotes—50,000, 20,000, 10,000, and 5,000—arranged in a currency counting machine.

Investors accepted sub-coupon rates across all three tenors at February’s auction, signalling a marked shift in sentiment towards Ugandan sovereign debt

Bank of Uganda keeps rates on hold as inflation stays tame and growth holds firm

The sun sets behind the unisphere during day five of the 2009 U.S. Open at the USTA Billie Jean King National Tennis Center on September 4, 2009 in the Flushing neighborhood of the Queens borough of New York City.

The Bank of Uganda maintains its 9.75% rate, balancing subdued inflation against global uncertainty and a positive output gap