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BoU Forecasts Slower Growth Due to Second Covid-19 Wave

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The Bank of Uganda has revised its growth projections for this financial year. BoU says that all high-frequency indicators available show that the momentum...

Dr Atingo-Ego Takes Over as BOU Deputy Governor

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Dr. Atingi-Ego has assumed his role as the Deputy Governor, Bank of Uganda following his appointment by His Excellency the President on 23 April...

Seven BOU Directors to be Replaced

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A total of seven directors in the Bank of Uganda are set to be replaced. These include; Eliot Mwebya, the director of Information Technology;...

BOU Issues Guidelines on Repayment of Loans

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Bank of Uganda has ordered all financial institutions across the country to extend the loan repayment holidays to up to a year. This comes...

Commercial Banks to Change Working Schedule

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The Commercial Banks in Uganda have been given a green light by the bank of Uganda to change their operation time. This comes after the...

BOU Posts Shs2 Trillion Loss Over 15 Years

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The Central Bank has reported up to Shs2 trillion in losses for the past 15 years, Finance State Minister (Planning), Hon. David Bahati has...

Kasekende Signs Out of BOU

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The curtain is down. Dr Louis Kasekende is out of Bank of Uganda after serving for the last 10 years.  Kasekende stepped out of...

BOU: Kasekende Seeks Contract Renewal

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The deputy governor of Bank Of Uganda Dr Louis Kasekende wants his contract which expires on January 20, 2020 renewed. Kasekende has been pleading with...

BOU Scoffs Off Kasekende Resignation Rumours

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Bank of Uganda has rubbished claims that the financial institution’s Deputy Governor, Louis Kasekende has signed. New has been circulating through fake social media accounts...

Bank of Uganda Warns Public Against Writing on Banknotes

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Bank of Uganda has warned members of the public against writing on bank notes. The warning is in response to the circulation of notes...
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Revelers Will Need Proof of Covid-19 Vaccination to Attend Concerts

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Persons who are not vaccinated against COVID-19, will not be allowed to attend musical shows and concerts when the entertainment industry reopens next week. The...

Kenneth Mugabi’s ‘People of the Land’ Album Released on All Music Streaming Platforms

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Today, multi-award-winning Ugandan Afro–Soul artiste Kenneth Mugabi releases his much-acclaimed ‘People Of the Land’ album on digital streaming platforms via Black Market Records. The Afro-soul...

SPLA-IO Kit-Gwang Faction Advance Team Arrives in Juba to Meet Kiir

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An advance team of the Agwelek Division of the breakaway Kit-Gwang faction of the SPLM/SPLA-IO, which signed a deal with the SPLM-IG last Sunday,...

Uganda Risks Being Blacklisted Over Money Laundering

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The Executive Director of the Finance Intelligence Authority, Sydney Asubo revealed that Uganda risks being blacklisted by the Financial Action Taskforce (FATF) if the...

Gen Katumba Shooting Suspects Committed to High Court

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The Nakawa Chief Magistrates Court has committed to High Court eight suspects implicated in the attempted assassination of General Katumba Wamala to face trial...