Uganda’s monetary story has a familiar rhythm: liquidity accelerates as elections approach, then authorities spend the next year trying to drain it back out.

LONDON/JOHANNESBURG (Reuters) -Uganda - a landlocked African nation that until recently struggled to get a World Bank loan - is the latest hot destination for investors chasing yields as this year's ...

The East African country of Uganda has launched a central bank digital currency (CBDC) pilot backed by treasury bonds. At the same time, its neighbor, Kenya, is on the verge of signing its first ...

KAMPALA, Feb 26 (Reuters) - Uganda's currency tumbled on Wednesday on concerns that a new anti-gay law will damage relations with Western countries alarmed at what they see as a government-backed ...

The International Monetary Fund (IMF) has advised the Bank of Uganda (BoU) to boost its anti-money laundering efforts if the country is to be removed from the Financial Action Task Force grey list.

President Museveni has said that 70 percent of Ugandans are now participating in the money economy, crediting four decades of National Resistance Movement (NRM) rule and state-led wealth creation ...

Mobile money companies have announced the full restoration of services following nearly a week of restricted access to cash.

The Shilling has emerged as the most stable currency in the world, outperforming the UK Pound Sterling and the Hong Kong dollar, according to Ramadhan Ggoobi, the Permanent Secretary and Secretary to ...