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    Tag: Bank of Uganda

    A section of leaders in the Lango sub-region have welcomed the recent court ruling that blocked the coronation of Dr. Eng. Michael Moses Odongo Okune as the next paramount chief. The leaders, while addressing the media in...
    The Rt. Rev. Jackson Baalwa, who is now the fifth Assistant Bishop of Kampala Diocese of the Church of Uganda, at the extraordinary meeting sitting on August 13, 2024, at All Saints’ Cathedral Kampala, was elected to replace the Rt. Rev. Dr. Hannington Nsubuga Mutebi.

    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....

    Ministry Of Finance to Launch the National Financial Inclusion...

    The Ministry of Finance, Planning, and Economic Development (MoFPED) is set to launch the second five-year National Financial Inclusion...

    BOU Cautions Public to Respect Integrity of Shilling Currency

    The Bank of Uganda (BOU) has cautioned the public against any practice that mutilates or defaces the integrity of...

    BoU Asks Traders to Adopt Electronic Financial Services

    The Bank of Uganda has tasked traders with embracing efficient electronic financial services to reduce reliance on physical currency...

    BOU to Raise Minimum Paid-up Capital by Commercial Banks,...

    The Bank of Uganda (BOU), which supervises and regulates financial institutions in Uganda including the commercial banks and credit...

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