Tag: Michael Atingi-Ego

BUKOMANSIMBI: Kibinge Cooperative Empowers Coffee Farmers with Quality Training and Innovative Solar Dryers

Kibinge Coffee Farmers’ Cooperative Society is transforming the livelihoods of local farmers through a wide range of value addition initiatives, training programs, and access to financial services through its SACCO. The cooperative has also introduced innovative...

Kumi High Court Opens to Boost Justice in Eastern Uganda

Court

In a historic milestone aimed at improving access to justice in Eastern Uganda, Acting Principal Judge Lady Justice Okuo Jane Kajuga officiated the launch of the Kumi High Court Circuit on Tuesday, May 13, 2025. Held under...

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

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

BOU Launches Domestic Gold Purchase Program to Boost Foreign...

The gold will be bought by the local mining companies and refined to a minimum of 99.5% purity levels before being turned into administrative monetary gold.

Business

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.”

Business