veri blog

Uganda is on the cusp of a major economic turning point. After years of courting short-term speculative capital – the so-called “hot money” flowing into high-yield local debt – the East African nation expects to begin producing oil in 2026, unlocking long-term foreign direct investment (FDI) and export revenues. Officials and analysts say this oil boom could strengthen Uganda’s balance of payments and reduce reliance on fickle capital flows, but they caution that the transiti

As Uganda heads into a pivotal national election this week, the country’s financial industry is on high alert. Bankers, investors, and analysts are closely watching for any signals of change in economic policy, fiscal discipline, debt management, monetary continuity, and regulatory stability  emerging from the vote. The presidential and parliamentary polls – slated around January 15, 2026 – pit 81-year-old incumbent President Yoweri Museveni against several challengers, inclu