Tag: Commercial Banks

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.
Business

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.
Business

Gov’t Reduces GROW Loan Interest Rates to Boost Women...

The GROW loan project is a five-year program set to end in December 2027. The Generating Growth Opportunities and Productivity for Women Enterprises (GROW) Project is a Government of Uganda Project, funded by the World Bank, implemented by the Ministry of Gender, Labour, and Social Development and the Private Sector Foundation Uganda in all districts, municipalities, and cities.
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

Central Bank Appoints Primary Dealer Market Markers

Bank of Uganda has appointed eight commercial banks, as Primary Dealer Market Markers (PDMM), and have been given exclusive...

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