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    Tag: Bank of Uganda (BOU)

    Massive Fire Guts Lavish Turkish Ski Hotel, Kills 66 People

    International
    Sixty-six people have been reported dead and over 32 others left injured in a fire that erupted at a popular ski resort hotel in the Bolu province in Northwestern Turkey. This incident happened on January 21, 2025,...

    FDC Okays Mpuuga’s Electoral Proposals in Struggle for Political Change

    National News
    The opposition party, Forum for Democratic Change (FDC), has declared support for the proposed electoral reforms presented by Democratic Alliance leader Mathias Mpuuga. Speaking at a press conference on January 21, 2025, at the party's headquarters in...
    Business

    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.
    National News

    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.
    Business

    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. 
    Business

    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.
    National News

    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...
    Business

    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...
    National News

    BoU, DPF to pay off EFC Limited Depositors

    The Bank of Uganda (BOU) and Deposit Protection Fund (DPF) have established mechanisms to ensure that depositors attached to...
    National News

    BOU Liquidates EFC Uganda Limited, Revokes its license due...

    The Bank of Uganda (BOU) has liquidated and revoked the license of EFC Uganda Limited, a Microfinance Deposit Undertaking...
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    Massive Fire Guts Lavish Turkish Ski Hotel, Kills 66 People

    International 0
    Sixty-six people have been reported dead and over 32...

    FDC Okays Mpuuga’s Electoral Proposals in Struggle for Political Change

    National News 0
    The opposition party, Forum for Democratic Change (FDC), has...

    WHO Urges U.S. to Reconsider Withdrawal, Seeks Constructive Dialogue

    International 0
    The World Health Organization (WHO) has expressed regret over...

    Popular

    How Ex-Kenyan President Kenyatta was Once Crowned The King of Bunyoro Kingdom

    Lifestyle 0
    Former Kenyan President Jomo Kamau Kenyatta is believed to...

    UNEB Begins Marking PLE, UCE Exams, First Results Expected in January 2024

    National News 0
    Uganda National Examinations Board (UNEB) has commenced with the...

    TRICKS USED BY MOBILE MONEY FRAUDSTERS IN UGANDA

    Crime 0
    Mobile Money fraud is a growing vice in Uganda...

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