Tag: Monetary Policy Statement

The Parliamentary Committee on Defense and Internal Affairs is conducting its oversight work on different security agencies, including the Uganda Police, UPDF, and Uganda Prisons Service, among others, in the move to crack down on corruption following President Museveni's war against corruption in Uganda.
Oyat warned that commuters are already stranded and fares are rising because no immediate alternatives have been provided. She urged the government to temporarily deploy institutional buses to ease the shortage, especially ahead of schools reopening.

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...

Bank of Uganda Reports 3.7% Drop in Inflation for...

The Bank of Uganda (BoU) has announced a significant decline in annual core inflation, which fell to 3.7% in September 2024 from 3.9% in August 2024.

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