BoU Forecasts Lower Inflation Rate Amid Potential Economic Uncertainties
The Bank of Uganda (BoU) Monetary Policy Committee has projected a lower inflation rate of 5 and 5.4% for the next financial year, citing...
Court Okays Bank to Recover Over UGX19 Billion from MTK Empire
The Commercial Division of the Kampala High Court has ruled in favour of DFCU Bank, allowing it to recover $5,200,000 (over Shs 19 billion)...
Top Story! King Charles Banknotes Enter Circulation
New banknotes featuring the portrait of King Charles III have now entered circulation, but it may be some time before they are commonly seen...
Town’s Cash Machines ‘Running out of Money’
Disappearing bank branches and cash machines running out of money are leaving people concerned about the future of their high street.
The last bank branch...
Deputy Governor Assures Ugandans Over Central Bank Governor Vacancy
The Deputy Governor of the Bank of Uganda, Michael Atingi-Ego, has reassured Ugandans that the absence of a substantive Governor for nearly three years...