Uganda – KPM

Uganda

Formalization agenda underpins Uganda’s credit deepening

URSB targets 235,000 registrations as BoU holds 9.75%; inflation at 4.0% and growth near 6% set the backdrop. SBU and DFCU on USE, plus EMB and AFK, track whether formalization converts into credit expansion and durable fiscal gains.

Uganda

World Bank Flags Uganda’s Revenue Leak as Frontier Yields Climb

Uganda’s UGX 3.6 trillion in annual tax exemptions—equal to 3 percent of GDP—has turned from an investment lure into a fiscal risk. As yields (UG10Y ≈ 14.5%) and borrowing costs rise, investors now price Uganda’s credibility, not its growth.

Uganda

Uganda’s 13.5% Pension Yield Still Outperforms as Global Rates Ease

Uganda’s NSSF 13.5% payout remains a standout as global rates ease. With inflation at 3.3%, 10-year bonds near 16.9%, and a stable shilling, Uganda locked in one of the world’s best real returns—proof that frontier discipline still pays.