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    Tag: Michael Atingi-Ego

    “As police, we responded to information as soon as we received it regarding the mob action. Upon arrival at the scene, Sidney was found critically injured but still alive. He was rushed to Mulago Hospital for medical attention, where he succumbed to his injuries,” Rusoke said.
    The faction further alleged that ordinary members were subjected to inflated nomination fees while incumbent leaders paid nothing, and that a party printer purchased for more than UGX 250 million ahead of the 2016 elections has disappeared without explanation or accountability from auditors.

    BoU Governor Demands Urgent Action to Unlock 7 Trillion...

    The Bank of Uganda (BoU) Governor, Dr. Michael Atingi-Ego, has raised concerns over 623 unresolved banking cases that have...

    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...

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