Motorcycle taxis and other motorists drive past the City Oil petrol station in Kampala, Uganda January 17, 2026. Thomas Mukoya
Motorcycle taxis and other motorists drive past the City Oil petrol station in Kampala, Uganda January 17, 2026. Thomas Mukoya

Uganda central bank holds rates, says price pressure from oil hasn't spread

August 13th, 2026 | 11:05 AM WORLD Africa 1

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By Elias Biryabarema

Uganda's central bank maintained its key lending rate on ​Thursday, saying higher oil prices ​had not triggered broader price pressures so ⁠far.

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