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It is the bundles of cash that tellers hold which first fascinated Juliet Sekabunga Nalwanga while still a child. As such, she wanted to be a bank teller, so she could also hold bundles of cash.
Uganda's central bank trimmed its key lending rate on Monday by 25 basis points for the second time in a row, lowering it to 9.75%, saying that inflation was expected to remain below its target in ...
Uganda's police have detained nine finance ministry officials as part of an investigation into accusations of hacking the central bank's electronic systems that resulted in theft of 62 billion ...
Uganda’s central bank maintained its key lending rate at 9.75%, citing easing inflation amid increased investment in the country’s fledging oil-and-gas industry.
The World Bank is lifting a freeze on lending to Uganda it put in place in response to a 2023 law criminalising homosexuality, after taking steps to counter discrimination, it said Wednesday.
Two years after halting funding, the World Bank is lifting its loan freeze on Uganda, imposed after the country passed a 2023 anti-LGBTQ law allowing the death penalty for certain same-sex acts.
Academic experts are questioning the role of the World Bank after its decision to halt new loans to Uganda following the introduction of harsh anti-LGBTQ laws in the country. While Uganda’s new ...
Uganda’s President Yoweri Museveni denounced the World Bank’s decision to suspend new funding in response to a harsh anti-LGBTQ law.
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The World Bank halted new loans to Uganda over the East African government’s enactment of anti-LGBTQ laws that include the death penalty in some cases.
Despite Uganda’s president threatening to abandon the World Bank after it froze aid over the anti-gay law, pragmatism is prevailing for now.