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    Tag: Michael Atingi-Ego

    Mobilizers of the Patriotic League of Uganda (PLU) have called on the league’s top leadership to recognize and reward their efforts during the recently concluded presidential elections, in which their endorsed candidate, President Yoweri Kaguta Museveni,...
    The National Unity Platform (NUP) leadership has urged religious leaders, cultural leaders, and all opinion leaders to raise their voices against human rights violations in Uganda, stressing that silence only emboldens the perpetrators. Addressing the press at...

    Uganda Targets Capital Market Growth to Boost Long-Term Financing...

    Ministry of Finance, Planning, and Economic Development is prioritizing the rebuilding and promotion of capital markets to provide long-term...

    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...

    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...

    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. 

    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.

    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.”

    Economists Attribute Delayed Appointment of BOU Governor to IMF,...

    Some Ugandan economists have blamed the International Monetary Fund (IMF) and the World Bank for the continued delay in...

    BoU, DPF to pay off EFC Limited Depositors

    The Bank of Uganda (BOU) and Deposit Protection Fund (DPF) have established mechanisms to ensure that depositors attached to...

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