BoU Reduces Central Bank Rate to 10.0% by Rogers Atukunda August 8, 2024 0 On 7 August 2024, the Bank of Uganda's Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 ...
Bank of Uganda Deploys Heads of Directorate and Department by Rogers Atukunda August 6, 2024 0 Bank of Uganda has deployed Heads of Directorate and Department following the Board approval of the new Organization Structure on ...
BoU Revokes Licence of Mercantile Credit Bank Limited and Places it under Liquidation by Rogers Atukunda June 18, 2024 0 Bank of Uganda (BoU) has revoked the licence of Mercantile Credit Bank Limited and placed it under liquidation. BoU deputy ...
Bank of Uganda Mantains Central Bank Rate at 10.25% by Muhamadi Byemboijana June 4, 2024 0 The Bank of Uganda's Monetary Policy Committee (MPC) has maintained the Central Bank Rate (CBR) at 10.25%. According to Michael ...
Mobile Money Agents will Ask National IDs to Transact over Shs1m by Rogers Atukunda April 19, 2024 0 Mobile Money agents will, with immediate effect, start demanding a valid Identity Card before a customer transacts more than Shs ...
Bank of Uganda Increases Central Bank Rate to 10.25% by Rogers Atukunda April 9, 2024 0 On 8 April 2024, the Bank of Uganda’s Monetary Policy Committee (MPC) increased the Central Bank Rate (CBR) to 10.25%. ...
3 Commercial Banks Transition to Credit Institutions by Muhamadi Byemboijana March 27, 2024 0 The Bank of Uganda (BoU) has authorized three commercial banks (ABC Capital Bank (U) Limited, Guaranty Trust Bank (U) Limited, ...
Absa Africa Financial Markets Index: Uganda Tops East Africa as Highest Growing Financial Market by Muhamadi Byemboijana February 7, 2024 0 Uganda has again been ranked as the country with the highest growing financial sector within the East African Region.The latest ...
Bank of Uganda Liquidates EFC Uganda Limited, Revokes its Licence by Muhamadi Byemboijana January 19, 2024 0 The Bank of Uganda (BoU), has liquidated and revoked the licence of EFC Uganda limited. “In exercise of its powers ...
Uganda Issues First Islamic Banking Licence in Boost to Financial Sector by Muhamadi Byemboijana September 9, 2023 0 The Deputy Governor of Bank of Uganda, Michael Atingi-Ego, has issued the first Islamic banking licence to Salaam Bank Limited. ...
INTERVIEW: Prof Nawangwe Lauds Makerere’s Shift from Riots to Research, Urges Investment to Retain Talent