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Bank of Uganda Warns Public Against Cash Bouquets Usage Over Currency Damage

The Bank of Uganda (BoU) has issued a stern public warning against the misuse of Uganda Shilling banknotes, specifically targeting the growing trend of...

Equity Bank Moves Banking Core Systems to Uganda Data Center for Enhanced Security and Reliability

Equity Bank is set to migrate its core banking systems from Kenya to Uganda this weekend, a move aimed at strengthening system reliability, performance,...

Uganda’s Economy Still Stable after Elections—PSST Ggoobi

The Permanent Secretary and Secretary to the Treasury (PSST) at the Ministry of Finance, Dr Ramathan Ggoobi, has said that Uganda’s economy has remained...

Excitement as Ex-MP Sanjay Tanna Receives International Acclaim for Inspiring Indian Diaspora

Former Tororo Municipality Member of Parliament, Sanjay Tanna, has received international recognition for his outstanding contribution to community development, social harmony, and inclusive growth. The...

Kampala Traders Cry Foul Over URA’s Unpredictable Tax Valuations

Traders and importers operating in  Kampala city center have raised concerns over inconsistent import valuations by the Uganda Revenue Authority (URA), linking the practice...

Bank of Uganda Approves Finance Trust Bank’s Tier II Transition

The Bank of Uganda (BoU) has authorized Finance Trust Bank Limited to transition from a Tier I Commercial Bank License to a Tier II...

Uganda Targets Capital Market Growth to Boost Long-Term Financing and SMEs

Ministry of Finance, Planning, and Economic Development is prioritizing the rebuilding and promotion of capital markets to provide long-term debt and equity financing, with...

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