Breaking

Archive

Oct 8 results
18:50
18:50

Banks That Charged Lowest Rates on Loans Named Wilbrod Owor 1 1

Finance Trust and Opportunity bank were the most expensive banks to borrow from between January and June 2020, BOU data shows.
14:37
14:37

Bank of Uganda Officials Granted Bail Abert Asiimwe 2 Top story

The trio was remanded last week shortly after being charged with abuse of office and Corruption. The Anti-Corruption court, Grade one Magistrate Abert Asiimwe released the trio on bond this morning basing on their positions in the bank. He directed Kakeeto to deposit Shillings 30 million in cash, his passport and land title with court.
13:34
13:34

BoU Maintains Lending Rate at 10 Percent

Governor BoU Emmanuel Tumusiime Mutebile says that the 12-month inflation forecast has improved slightly relative to October 2018 forecast.
15:55
15:55

BOU Projects Inflation To Increase 1

Delivering Monetary Policy Statement for August today, Mutebile said inflation is projected to peak between 6 to 7 percent in the second quarter of 2018/19 financial year and will stablise at around 5 percent by end of 2019.
14:22
14:22

Central Bank Not Obliged to Bailout Distressed Banks – Mutebile crane bank 5 1 Top story

Mutebile explained that although the central bank was incessantly criticized when it took over Crane Bank in December 2016, Bank of Uganda had no other option other than putting Crane Bank under administration and later selling it.
12:07
12:07

Uganda's Economic Policies Command Confidence – Mutebile uganda debts

Bank of Uganda (BOU) Governor Emmanuel Tumusiime Mutebile has praised the economic policies of Uganda saying they currently command confidence.
16:09
16:09

Besigye: BoU Printed UGX2 Trillion Illegally high inflation 1

The Forum for Democratic Change President while addressing journalists at the Inter party coalition meeting on Tuesday said this is the reason why there is high inflation rate at 31%.
Oct 8 results