Entrance to the personal banking section of a bank

Private sector picks up pace in April despite fuel-driven cost pressures

Uganda’s private sector expanded for a 15th month as the PMI rose to 55, though rising fuel costs and a declining BTI weighed on firms

A detailed shot of the coffee brewing process, showing golden-brown bubbles forming on saturated grounds in a manual pour-over dripper.

Softer global prices weigh on March coffee export revenues

Uganda posted higher coffee export volumes in March, but revenues declined as global prices eased on improved supply expectations

Kampala road in Kampala on a busy day

Rising energy prices push inflation higher in April

Inflation rose to 3% in April as fuel and transport costs increased, highlighting growing energy-driven price pressures

The Bank of Uganda's headquarters in Kampala

February’s bond rally fades as 10-year yield jumps 100 basis points

Uganda’s 10-year bond yield rose a full percentage point in two months, partially reversing February’s contraction even as investor demand hit exceptional levels

An inland oil rig

Uganda set to outpace region as IMF flags oil-driven growth surge

IMF forecasts place Uganda among the world’s fastest-growing economies as oil production nears, even as risks rise across sub-Saharan Africa

Geopolitics hastens China’s Hunan-led shift in Africa trade and investment

Beijing’s Hunan-based Africa strategy gains urgency amid US-China tensions and Middle East disruptions to trade and energy flows

A brightly lit, modern exhibition stall for Uganda at the 138th Canton Fair. The stall features the national flag and the "Explore Uganda" branding, alongside large posters of gorillas and elephants. A diverse crowd of business professionals and visitors are gathered around the counters, discussing trade opportunities in agriculture, coffee, and tourism.

US blockade of Iran ports deepens global oil uncertainty after Hormuz standoff

US blockade of Iranian ports raises risks for oil supply, fertilisers and global trade flows

A US Coast Guard cutter sails alongside a sleek, smaller unmanned surface vessel in open blue water, with a large commercial tanker visible on the horizon.

Pope Leo’s Africa tour underscores continent’s rising weight in global Catholicism

Africa’s rising Catholic population frames Pope Leo’s tour amid conflict, inequality and questions of church leadership

A man wearing a white cassock and zucchetto sits in a high-backed chair while holding a sheet of paper.