veri blog

Accra, January 15, 2026  – Ghana’s central bank is moving decisively to reinforce the country’s currency after an unprecedented year of gains. The Bank of Ghana (BoG) has announced plans to inject up to $1 billion  into the foreign exchange market in January 2026 to stabilize the cedi  following its remarkable 40.7% appreciation  against the US dollar in 2025. The intervention – the largest in recent memory – aims to dampen volatility  and sustain the cedi’s historic gains  a

Zimbabwe has implemented a wide-ranging package of new taxes and levies effective January 1, 2026, in a bid to widen its tax base and increase government revenue. The measures, announced in the 2026 National Budget and now enforced by Finance Act No. 7 of 2025, target digital services, mining exports, gambling winnings, and property rentals, among other areas. Officials say the reforms mark a major shift in the country’s fiscal strategy, touching virtually every sector of the

Kenya’s first Treasury bond auction of 2026 saw robust uptake, with the government raising Ksh 60.6 billion  against a Ksh 60 billion target. Investors placed total bids of about Ksh 71.5–73 billion , making the sale oversubscribed by roughly 20% . This strong appetite – coming amid delays in external funding tied to IMF talks – highlights investor confidence in Kenya’s credit and abundant liquidity in the domestic market. The Central Bank of Kenya (CBK) accepted Ksh 60.58 bi

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