Tuesday, July 2, 2024
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    Tag: Bank of Uganda

    Village Enterprise has disbursed Shs350 million to 1800 households in Acowa and Kapelebyong Sub-Counties in its poverty eradication attempts in the communities of Kapelebyong district. This disbursement happened on June 26, 2024, at the Acowa and Kapelebyong...
    The Forum for Democratic Change (FDC) Party, based in Najjanankumbi, has warned the National Resistance Movement (NRM) against humiliating Ugandans while responding to their demands, saying it can reject the current government. According to John Kikonyogo, the...

    MERCANTILE CREDIT BANK CLOSURE: DPF Commences Repayment of Depositors

    Mercantile Credit Bank Limited depositors with balances of UGX 1 million and below will receive their payment through mobile money.

    BOU Dissolves Mercantile Credit Bank Limited

    “All creditors are requested to submit their claims to the office of the Director, Financial Stability, and Bank of Uganda within 30 days from the date the statement was issued, and any person possessing property of Mercantile Credit Bank Limited should deliver it to the director, Finance and Stability, Bank of Uganda.”

    Will introducing new taxes solve Uganda’s revenue shortfall?

    Uganda, as a developing country, has been facing persistent challenges in generating enough revenue to meet its financial needs....

    Ministry Of Finance to Launch the National Financial Inclusion...

    The Ministry of Finance, Planning, and Economic Development (MoFPED) is set to launch the second five-year National Financial Inclusion...

    BOU Cautions Public to Respect Integrity of Shilling Currency

    The Bank of Uganda (BOU) has cautioned the public against any practice that mutilates or defaces the integrity of...

    BoU Asks Traders to Adopt Electronic Financial Services

    The Bank of Uganda has tasked traders with embracing efficient electronic financial services to reduce reliance on physical currency...

    BOU to Raise Minimum Paid-up Capital by Commercial Banks,...

    The Bank of Uganda (BOU), which supervises and regulates financial institutions in Uganda including the commercial banks and credit...

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