Tag: Bank of Uganda (BOU)

Mugumya, a former aide to former presidential candidate Dr. Kizza Besigye, has previously been at the center of politically charged cases. His latest case comes at a time of heightened scrutiny over reports of enforced disappearances and prolonged detention without trial.
Ambassador Ssentongo reaffirmed Ugandan government’s commitment to strengthening cross-border tourism cooperation, noting that tourism is central to the country’s Ten-Fold Growth Strategy, which aims to grow the economy from US$50 billion to US$500 billion by 2040. He called for practical, time-bound solutions to trade barriers affecting tourism and regional business competitiveness.

What the Bank of Uganda’s New Loan Rates Mean...

Imported goods are costing more, as the Ugandan Shilling is weakening and already at UGX 4,000 for just 1 US Dollar. If you buy goods, spare parts, or materials from abroad, you now need a lot more Shillings to buy the same amount of stock compared to before.

Investor Interest Remains Firm as Bank of Uganda Releases...

The auction results provide an important snapshot of investor sentiment, government borrowing costs and liquidity conditions within Uganda's domestic financial market. They also offer insight into demand for government debt across different maturity periods, with investors balancing risk, return expectations and prevailing economic conditions.

Bank of Uganda Warns Public Against Cash Bouquets Usage...

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

Equity Bank Moves Banking Core Systems to Uganda Data...

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

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

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

Global Economy Set for Steady Growth in 2026 —...

Bank of Uganda (BoU) Deputy Governor Prof Augustus Nuwagaba has said that the global economy is heading into an...

Bank of Uganda to Raise Shs 355 Bn in...

The Bank of Uganda (BoU) has announced a Treasury Bill auction set for Wednesday, December 3, offering a total...

BoU Governor Speaks Out on Mobile Money Fraud Complaints

The Governor of the Bank of Uganda (BoU), Michael Atingi-Ego, has addressed growing public concern over mobile money fraud...

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