NewsNetWideOpen the globe

Africa

🇺🇬 Uganda: market & economy news today

The latest market, economy, central-bank, policy and company stories from Uganda, updated every 15 minutes. Last updated 19 October 2026.

Uganda investor snapshot

GDP growth (2025)6.3%Fast growth.
Inflation (2025)3.6%Above the usual central-bank targets.
Unemployment (2025)2.7%Low: the job market is tight.
GDP per person (2025)$1,206Average output per person: a rough measure of how wealthy a country is.
Current account (2024)-7.8% of GDPDeficit: spends more abroad than it earns, so it relies on foreign money.
Exports (2025)21.4% of GDPDriven mostly by its home market.

Latest official annual figures from World Bank Open Data (CC BY 4.0). Context, not a forecast or financial advice.

Latest stories

Economy

Uganda: Economic Forum Urges Ugandans to Turn Afcon 2027 Into Jobs and Household Income

[Nile Post] Uganda must move beyond preparing to host AFCON 2027 and ensure the tournament creates jobs, expands business opportunities and improves household incomes, stakeholders said at the 7th UG Economic Forum.

Source: AllAfrica
Central banks

Uganda central bank raises rates to 12% to support shilling

Source: Investing.com
Central banks

Bank of Uganda raises benchmark interest rate to 12% amid currency, inflation pressures

The Bank of Uganda (BoU) has raised its benchmark interest rate by 225 basis points to 12%, tightening monetary policy in response to the Ugandan shilling’s depreciation, worsening external balances, and rising inflation risks.

Source: Nairametrics
Central banks

Uganda hikes interest rate by 225bps to 12% as shilling hits record low

Uganda’s central bank has raised its benchmark interest rate by 225 basis points to 12 percent, its highest level since

Source: BusinessDay
Markets

Uganda: Museveni Directs UPDF to Help Crack Down On Mineral Smuggling

[Nile Post] President Yoweri Museveni has directed the Uganda People's Defence Forces (UPDF) to support efforts to curb mineral smuggling and ensure local processors have access to raw materials, accusing illegal miners of frustrating investors and depriving the country of revenue.

Source: AllAfrica
Economy

Inspired2Lead canvasses cross-border investment and economic integration in Kampala

As African economies increasingly look inward to drive sustainable growth, Nigerian business leaders are expanding their footprint across regional borders.

Source: BusinessDay
Economy

Uganda: Cotton in Uganda 64 Years After Independence

[Independent (Kampala)] As Uganda marks 64 years of independence, cotton remains one of the country's traditional cash crops, but production and export earnings have fallen far short of its former position in the economy.

Source: AllAfrica
Policy & Geopolitics

‘I didn’t want to write about this’: the man who first saw chimps waging civil war

John Mitani spent years studying a huge community of chimpanzees in Uganda. But then things took a dark turn – and his findings stunned the scientific world John Mitani can still remember the first time he set foot in Uganda’s Kibale national park.

Source: The Guardian
Policy & Geopolitics

Uganda: Govt Attributes Fuel Prices to Global Costs, Taxes, Shilling Depreciation

[Independent (Kampala)] Kampala, Uganda -- Government has attributed the rise in fuel pump prices to a combination of international petroleum prices, taxation, exchange-rate movements or depreciation of the Uganda Shilling, freight, insurance and other supply-chain costs.

Source: AllAfrica
Policy & Geopolitics

Uganda: Court Strikes Out 97 Affidavits in Rubongoya-Kabanda Election Petition

[Nile Post] Justice Flavia Nabakooza ruled that the affidavits, filed months after Rubongoya lodged his petition, were irregularly introduced without the required leave of court.

Source: AllAfrica
Companies

Uganda: Uganda's Investment Push Opens Door for North Dakota Agriculture, Technology Firms

[Nile Post] The proposed US$1.2 billion investment pipeline for Uganda could create opportunities for businesses in North Dakota and the wider American Midwest to supply equipment, technology, agricultural solutions and professional services as projects under the Roosevelt Africa Trail move towards implementation.

Source: AllAfrica
Markets

Uganda: Govt Backs Medical Cannabis Investment, Warns Against Illicit Diversion

[Nile Post] Government has reaffirmed its support for regulated medical cannabis and industrial hemp production, while warning investors and operators against diverting controlled substances into illicit markets.

Source: AllAfrica
See Uganda on the globe, compare it with other countries and follow it for free.

Open Uganda on NewsNetWide

All countries →