News

The World Bank says it is lifting a ban on loans to Uganda that it had put in place two years ago when the country passed tough new laws against LGBTQ people. In 2023, Uganda voted in some of the ...
Interswitch Uganda has announced a strategic partnership with Centenary Bank to enhance convenience and accessibility for its ...
The Bank of Uganda has bought $1.5 billion from the market this fiscal year and used currency swaps to rebuild its foreign-exchange reserves after they were drained by an aid freeze and debt ...
Bank of Baroda Uganda has appointed Deepak Kumar Mishra, the current assistant general manager in charge of credit, to its ...
Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...
The bank halted funding to the East African country in August 2023 after Uganda's parliament passed the Anti-Homosexuality Act (AHA), saying the law contradicted its values.
India’s central bank surprised markets with a jumbo rate cut, seizing on cooling inflation to frontload monetary easing and bolster economic growth amid heightened global uncertainty.
A new World Bank report projects that India’s extreme poverty has come down drastically in the last ten years, from 27.12% to 5.25% in 2023. SBI’s report indicates a further reduction.
Equity Bank Uganda has once again been designated as a Domestic Systemically Important Bank (DSIB) by the Bank of Uganda, marking the third consecutive year the bank has received this prestigious ...
The Islamic Development Bank has a track record of supporting Uganda, including its funding of the Muyembe-Nakapiripirit Road upgrade to Bitumen standard at a cost of Shs399 billion.
In a bid to spur growth at a time when inflation has come under control, the Reserve Bank of India’s Monetary Policy Committee on Friday (June 6, 2025) voted 5:1 to slash the policy repo rate by ...
The World Bank says it is lifting a ban on loans to Uganda that it had put in place two years ago when the country passed a draconian new law against LGBTQ people. In 2023, Uganda voted in some of ...