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    Tag: Bank of Uganda (BOU)

    The Government of Uganda has launched a major nationwide campaign to overhaul its meat production systems in a bid to safeguard public health, enhance food safety, and meet international trade standards. Spearheaded by the Ministry of Agriculture,...
    Pope Leo XIV has appointed Father Simon Peter Engurait, a 53-year-old Ugandan-born priest, as the new bishop of the Diocese of Houma-Thibodaux in Louisiana. This appointment marks the first time a Ugandan and African immigrant has been...

    BoU to License Large SACCOs Under New Regulatory Framework

    The Bank of Uganda (BoU) has announced it will begin licensing large Savings and Credit Cooperative Organizations (SACCOs) under...

    Prioritize Cyber security, Customer Trust amid Rising Cyber crime...

    As Uganda's financial sector undergoes rapid digital transformation, sector leaders are raising urgent concerns over the need to prioritize...

    BOU Issues Safety Assurance amid Proposed Changes at Standard...

    Access Bank, a leading subsidiary of Access Holdings, last week announced the successful acquisition of Standard Chartered's operations in Angola and Sierra Leone, with ongoing transactions to acquire subsidiaries in Cameroon and the Gambia and consumer, private, and business banking in Tanzania.

    Bank of Uganda Reports 3.7% Drop in Inflation for...

    The Bank of Uganda (BoU) has announced a significant decline in annual core inflation, which fell to 3.7% in September 2024 from 3.9% in August 2024.

    BOU Implores Financial Institutions to Combat Rising Fraud Threats

    Fraud threatens the continuity of financial institutions, could lead to the loss of their capital, and undermines the integration of the financial system. 

    BOU Launches Domestic Gold Purchase Program to Boost Foreign...

    The gold will be bought by the local mining companies and refined to a minimum of 99.5% purity levels before being turned into administrative monetary gold.

    Deputy Speaker Applauds BOU for Rejecting a Foreigner as...

    The Deputy Speaker of Parliament, Thomas Tayebwa, has applauded the move by Bank of Uganda (BOU) officials to reject...

    BOU Unveils Requirements for Paying Off EFC Uganda Ltd...

    The Bank of Uganda (BOU) has released the requirements for refunding all depositors of EFC Uganda Limited that are...

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