Mpuuga warns rising central bank rate could deepen economic hardship
Former Leader of the Opposition Mathias Mpuuga has criticised the Bank of Uganda’s decision to raise its key interest rate, ...
Tag: BoU
BoU raises Central Bank Rate to 12%
Bank of Uganda (BoU) has raised its benchmark interest rate from 9.75% to 12% in a bid to contain rising ...
Excessive govt domestic borrowing could squeeze private sector credit – BoU warns
Bank of Uganda (BoU) has warned that excessive government borrowing from the domestic market could squeeze credit available to the ...
COSASE summons Bassajjabalaba over shs140bn BoU guarantee
The Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has summoned city businessman Hassan Bassajjabalaba to appear before the ...
BoU tightens cash transactions, cuts cheque limits
Bank of Uganda (BoU) has announced a series of reforms aimed at reducing the country's dependence on cash transactions and ...
BoU spends shs239bn on salaries, allowances
The Bank of Uganda (BoU) spent a total of shs239.21 billion on staff salaries, wages, and allowances during the financial ...
BoU maintains lending rate at 9.7% as economy maintains strong momentum
The Bank of Uganda has kept its Central Bank Rate (CBR) unchanged at 9.75%, a decision Governor Michael Atingi-Ego says ...
Pride Microfinance transitions into Tier II bank
Pride Microfinance has announced its transition to a Tier II credit institution, now operating as Pride Bank Limited. The transition ...
Museveni appoints Dr.Atingi-Ego as new BoU governor
President Museveni has appointed Dr Michael Atingi-Ego as the new Bank of Uganda governor. He has been serving as the ...
New player to enable Ugandans in diaspora remit cash back home free of charge
Globally renowned fintech, NALA Payments Limited has been granted a money remittance License by the Bank of Uganda, expanding its ...
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