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    “Once completed, the project is expected to significantly reduce power outages and unplanned power failures on both the Nkenda–Ishaka and Nkenda–Kasese 33kV feeders. The upgraded network will also enable the efficient evacuation of electricity generated by hydropower plants within the Rwenzori region,” Okochi said.
    Under World Health Organization (WHO) guidelines, the discharge of the final patient begins a mandatory 42-day countdown before Uganda can officially be declared free of the Ebola outbreak, provided no new confirmed cases are detected during that period. The 42-day period represents twice the maximum incubation period of the Ebola virus and is the international standard for declaring the end of an outbreak.

    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.

    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.

    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. 

    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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