BoU Reduces Cheque Limits, Tightens Cash Withdrawals to Boost Electronic Payments
The Bank of Uganda has announced sweeping new restrictions on cheque transactions and over-the-counter cash withdrawals in a move aimed ...
Tag: BOU
BoU, Finance Ministry Officials Face Charges In $16m Fraud Probe
Investigations into a major fraud case involving Uganda’s Finance Ministry and Bank of Uganda (BoU) are still ongoing, the Anti-Corruption ...
Prof. Nuwagaba’s Journey to Bank of Uganda
The appointment of Professor Augustus Nuwagaba as deputy central bank governor brings to a close more than three years of ...
Museveni Appoints New Bank of Uganda Governor, Deputy
President Yoweri Museveni has promoted Michael Atingi-Ego to the position of the new Governor of the Bank of Uganda Atingi-Ego ...
Bank of Uganda Denies Cyberattack Allegations Amid Financial Saga
Recently, Ugandan media has been awash with reports of a financial saga involving the Bank of Uganda (BoU), where hackers ...
Bank Of Uganda Lowers Interest Rate As Inflation Drops
Uganda changes its interest rates based on how rising prices (inflation) are affecting the economy. Inflation is when the prices ...
First Cohort of UDB Enterprise Development Program Passed Out
A total of 60 youth, women, and small and medium entrepreneurs have graduated in the inaugural Enterprise Development Program of ...
Uganda’s Economy Has Recovered, Debt Level Sustainable-AFDB Report
Uganda’s economy is quite robust after weathering through several shocks in recent years, say top economists from the Africa Development ...
Credit Bank Closed Over Weak Capital Base
The Bank of Uganda has revoked the license of Merchantile Credit Bank Ltd and ordered the company to wind up ...
Technician Sentenced to Caution for Damaging 31 BoU Air Conditioners
The Buganda Road Chief Magistrates Court has sentenced to caution, a Technician Christopher Ssebirumbi attached to the Bank of Uganda for malicious ...
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