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 ...
Tag: BoU
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 ...
Deposit Protection Fund starts paying depositors of Mercantile Credit Bank
Deposit Protection Fund has announced the start of paying of the depositors of Mercantile Credit Bank which was closed by ...
BoU closes another bank
The Central Bank of Uganda has in exercise of its powers under Sections 99 and 17 (b) and (f) of ...
eTranzact: BoU clears new digital payments company to operate in Uganda
eTranzact Global Limited, a leading provider of innovative payment technology solutions, has expanded into Uganda after acquiring an operational license ...
BoU explains new rule for customers sending, withdrawing shs1m on mobile money to present national IDs
Bank of Uganda has explained the new rules that require customers carrying out transactions involving Shs1 million or more to ...
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