Stanbic Uganda posted robust performance for 2022 with gross revenue of one trillion shillings and Profit After Tax of Ush366 billion representing year-on-year growth of 33 per cent.
Inflation hit a new high, reaching 6.8 percent at the end of June 2022. The reaction of the BoU was swift at the time and in July 2022, an unscheduled MPC increased the CBR to 8.5 percent, to.