Tag: Michael Atingi-Ego

A National Reset: Uganda’s New Guidelines to Restore Values and Discipline in Schools

In a rare and urgently needed move, the Ministry of Education and Sports has issued what I believe to be one of the most significant and commendable guidelines in recent Ugandan education history. Circular No. 7/2025, titled...

NTUNGAMO: Thousands Gather for Coffee Marathon to Uplift RURAL Women Farmers

Agriculture

The serene Kabuhungu Hills in Rwashamire, Ntungamo District, roared to life today on May 24 2025 as thousands of runners, spectators, and coffee lovers gathered for the inaugural Coffee Marathon Uganda 2025, a spirited event aimed...

Business

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...

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