Mwesigwa outlined four key features, including a grand coalition in which leaders from all significant groups participate in the executive, proportional representation, a mutual veto that allows minorities to block issues threatening their fundamental interests, and segmental autonomy, which gives groups a high degree of self-governance.
The Central Bank also raised its Central Bank Rate (CBR) from 9.75 percent to 12 percent on October 14th, 2026, a 225-basis-point increase. The move was intended to make access to liquidity from the Central Bank more expensive for commercial banks and influence interest rates across the government securities market.
Imported goods are costing more, as the Ugandan Shilling is weakening and already at UGX 4,000 for just 1 US Dollar. If you buy goods, spare parts, or materials from abroad, you now need a lot more Shillings to buy the same amount of stock compared to before.