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. ...
Bank of Uganda Announces Further Drop in Annual Headline Inflation by Muhamadi Byemboijana September 5, 2023 0 Bank of Uganda has reported a further decline in annual inflation on account of the efficacy of monetary policies implemented ...
BoU Lowers Central Bank Rate to 9.5% as Inflation Drops Drastically by Muhamadi Byemboijana August 15, 2023 0 The Monetary Policy Committee (MPC) has lowered the Central Bank Rate (CBR) to 9.5%. The development follows a steady drop ...
Bank of Uganda Maintains Central Rate at 10% as Inflation Drops to Single Digit by Muhamadi Byemboijana April 7, 2023 0 The Bank of Uganda has maintained the Central Bank Rate (CBR) at 10%.This was revealed by the Deputy Governor Bank ...
BoU Explains Deputy Governor’s Signature on Notes by Muhamadi Byemboijana March 16, 2023 0 The Bank of Uganda has explained the circumstances under which the new shilling banknotes are being signed by the Deputy ...
Uganda’s Financial Sector Ranked as Highest Growing in East Africa by Muhamadi Byemboijana February 1, 2023 0 Uganda’s financial sector has been ranked as the highest growing within the East African region by the Absa Africa Financial ...