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    Tag: Bank of Uganda

    “The transformation of Africa requires moving priority infrastructure projects from conception to implementation through coordinated planning and regional cooperation,” President Museveni noted.
    “Replace the sovereignty bill with a national civic defense program, disaster response, and defense skills. Include the diaspora through embassies instead of criminalizing them. Ensure parliamentary oversight to prevent abuse, because this is the only way we shall adequately promote true sovereignty,” Nsereko said.

    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...

    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...

    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...

    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...

    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,...

    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...

    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...

    Government should Empower Citizens to Tackle Cyber Threats—Experts

    Recently there was an attack on Bank of Uganda, where over UGX 60 billion was stolen by hackers, which many cyber experts say could have resulted from human error, and it could have been prevented had there been strong cybersecurity mechanisms.

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