Tag: Bank of Uganda

Parliamentary Committee on Defense and Internal Affairs Praises CID for Proper Accountability

National News
The Parliamentary Committee on Defense and Internal Affairs is conducting its oversight work on different security agencies, including the Uganda Police, UPDF, and Uganda Prisons Service, among others, in the move to crack down on corruption following President Museveni's war against corruption in Uganda.

UPC Welcomes Removal of Dangerous Vehicles but Demands Comprehensive Transport Policy

National News
Oyat warned that commuters are already stranded and fares are rising because no immediate alternatives have been provided. She urged the government to temporarily deploy institutional buses to ease the shortage, especially ahead of schools reopening.
National News

PRAU Marks 50-Year Milestone with 5th National PR Symposium...

"Reaching 50 years is not just a celebration of our longevity as an association; it is recognition of the increasing value of strategic communication in building institutional credibility, strengthening stakeholder trust, and supporting national development," Nakasiita said.
Business

BoU Governor Demands Urgent Action to Unlock 7 Trillion...

The Bank of Uganda (BoU) Governor, Dr. Michael Atingi-Ego, has raised concerns over 623 unresolved banking cases that have...
Business

BOU Holds Interest Rate at 9.75% as Inflation Remains...

The Bank of Uganda’s Monetary Policy Committee announced that it will maintain the Central Bank Rate at 9.75% for...
Agriculture

MAAIF CONCERNED AS Farmers Abandon Vanilla for More Lucrative...

The Ministry of Agriculture, Animal Industry, and Fisheries (MAAIF) has expressed increasing concern over the rising number of farmers...
Business

BoU Holds Lending Rate at 9.75% for third time...

The Bank of Uganda (BoU) has maintained its Central Bank Rate (CBR) unchanged at 9.75% for the third consecutive...
National News

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,...
National News

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...
Business

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...
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