Wednesday, April 23, 2025
spot_img

Be the First to Know

More

    Tag: Bank of Uganda

    The Uganda Manufacturers Association (UMA) has unveiled 2025/26 tax proposal to Parliament, outlining key fiscal recommendations aimed at boosting industrial growth, enhancing local manufacturing competitiveness, and fostering job creation. While appearing before Parliamentary Committee of Finance, Planning,...
    Tensions ran high at Kyambogo University today after police fired tear gas to disperse students protesting a recent increase in tuition fees. What began as a peaceful demonstration quickly turned chaotic, with students blocking roads on campus...

    DP Questions  Governor Atingi-Ego’s Capacity amid Several BOU Cash Scandals

    The Democratic Party (DP) has criticized the ability of the newly appointed Bank of Uganda Governor, Dr Michael  Atingi-Ego,...

    President Museveni Appoints Michael Atingi-Ego as New BOU Governor

    After a long period of deliberation, President Museveni has appointed Michael Atingi-Ego as the new governor, deputized by Prof...

    Gov’t Set to Bolster BOU Proposal on Domestic Gold...

    Government has defended the Bank of Uganda's (BOU) proposal to support the local gold market through securing purchases from...

    Government should Empower Citizens to Tackle Cyber Threats—Experts

    Recently there was an attack on Bank of Uganda, where over UGX 60 billion was stolen by hackers, which many cyber experts say could have resulted from human error, and it could have been prevented had there been strong cybersecurity mechanisms.

    Uganda’s Inflation Drop Attributed to Reduced Commodity Prices—Finance Report

    Uganda’s imports from the East African Community region decreased by 2.8% to USD 264.10 million in September 2024, down from USD 271.62 million the previous month. Exports to the region also declined by 1.0% from USD 197.23 million to USD 195.22 million over the same period.

    MERCANTILE CREDIT BANK CLOSURE: DPF Commences Repayment of Depositors

    Mercantile Credit Bank Limited depositors with balances of UGX 1 million and below will receive their payment through mobile money.

    BOU Dissolves Mercantile Credit Bank Limited

    “All creditors are requested to submit their claims to the office of the Director, Financial Stability, and Bank of Uganda within 30 days from the date the statement was issued, and any person possessing property of Mercantile Credit Bank Limited should deliver it to the director, Finance and Stability, Bank of Uganda.”

    Will introducing new taxes solve Uganda’s revenue shortfall?

    Uganda, as a developing country, has been facing persistent challenges in generating enough revenue to meet its financial needs....

    Recent articles

    spot_img