Tag: Bank of Uganda

Bank of Uganda fines gov’t UGX 405 billion for unmet debt obligations

Summary: The report from the Auditor General on the Financial Year ending…

BENARD BALUKU By BENARD BALUKU

BoU closes EFC Uganda Ltd over undercapitalization

Summary: EFC Uganda Limited, a microfinance deposit-taking institution, has been placed under…

Busiinge Aggrey By Busiinge Aggrey

Uganda’s central bank keeps policy rate steady at 9.5%

Summary: On Wednesday, the Bank of Uganda opted to leave its policy…

Busiinge Aggrey By Busiinge Aggrey

BOU Issues 4th Credit Bureau License to Armada Credit Bureau

In a significant development for Uganda's financial sector, the Bank of Uganda…

EXAMINER REPORTER By EXAMINER REPORTER

Central Bank Overhaul Halts Amidst Staff Petition and Accusations of In-fighting

The Bank of Uganda's planned restructuring has taken a dramatic turn, with…

Busiinge Aggrey By Busiinge Aggrey