newsMuseveni Signs Laws to Curb Illegal Building and Standardize Valuation
President Yoweri Kaguta Museveni has signed three new laws aimed at tightening regulation in Uganda’s construction, housing finance and valuation sectors. The...
#Bank of Uganda
20 articles tagged with #Bank of Uganda
news
FinanceBank of Uganda Cautions Public Against Use of Currency in Gifting Bouquets
The Bank of Uganda has cautioned the public against mutilating or defacing Uganda Shilling banknotes and coins, warning that the growing practice of turning...
FinanceUganda Posts 6.3% GDP Growth for FY Ending June 2025, Defying Global Economic Pressures
Uganda’s economy posted an impressive 6.3% real GDP growth for the financial year ending June 30, 2025, signaling a resilient rebound from global economic...
FinanceCentral Banks Urged to Harness AI for Stronger Financial Stability
African central banks must embrace artificial intelligence (AI) to strengthen financial supervision and ensure stability in an increasingly digital economy,...
businessProf. Nuwagaba Urges Africa to Rethink Economic Model
Prof. Augustus Nuwagaba, Deputy Governor of the Bank of Uganda, has called for a new economic approach to tackle inequality and unlock Africa’s growth...
FinanceBank of Uganda Governor Unveils Plan to Transform Agricultural Finance
Bank of Uganda Governor Michael Atingi-Ego has unveiled a plan to overhaul agricultural finance, calling for urgent action to empower smallholder farmers with...
FinanceGov’t Tables Bill to Regulate Mortgage Refinance Institutions
The Ministry of Finance has presented the Mortgage Refinance Institutions Bill, 2025 to Parliament, proposing a legal framework to regulate the establishment...
businessBank of Uganda to Regulate Mortgage Refinancing under New Bill
The Bank of Uganda will oversee mortgage refinancing institutions once the Mortgage Refinance Institutions Bill, 2025 becomes law. The Bill also grants the...
newsCourt Grants Bail to Six Officials in Shs 60 Billion Bank of Uganda Fraud Case
The Anti-Corruption Court has granted bail to six out of nine government officials accused of manipulating payment systems to steal Shs 60 billion from public...
businessMichael Atingi-Ego appointed new Bank of Uganda Governor, Nuwagaba named Deputy
Dr Michael Atingi-Ego has been appointed as the new Governor of the Bank of Uganda, succeeding the late Emmanuel Tumusiime-Mutebile, who passed away in January...
CrimeNine Finance Ministry Officials Arrested Over Shs 60 Billion Fraud
The Criminal Investigations Directorate (CID) has arrested nine senior officials from the Ministry of Finance over their alleged role in the fraudulent...
businessBoU Reassures Standard Chartered Customers Amidst Sale Proposal
The Bank of Uganda (BoU) has reassured customers of Standard Chartered Bank Uganda Limited that their funds remain secure. In a statement issued on December 2,...
businessEAC Central Banks Urged to Speed up Cross-border Payments to Boost Trade
The East African Community (EAC) Secretary General, Veronica Nduva, has called on Partner States' Central Banks to adopt advanced technology to enhance...
FinanceBOU Revokes Mercantile Credit Bank’s License
The Bank of Uganda (BoU) has taken decisive action against Mercantile Credit Bank Limited, announcing the revocation of the bank's license and its placement...
businessBank of Uganda Revokes Licence of Mercantile Credit Bank, Orders Liquidation
The Deputy Governor of the Bank of Uganda announced the revocation of the licence of Mercantile Credit Bank Limited, which has also been placed under...
businessUIA, BoU Eye Boosting Small Businesses through Financial Awareness Workshops
Uganda Investment Authority and Bank of Uganda (central bank) took their awareness workshop on affordable financing for small businesses and commercial...
businessBankers’ Duty of Care to Customers in Uganda: Overview of a Recent Court Decision
By Rolant Kule and Denis Yekoyasi Kakembo Introduction On 16th August 2023, Uganda’s High Court rendered its verdict in the case of Excellent Assorted...
businessResidence of BoU Governor Not Among Properties on Sale - Statement
Bank of Uganda dismissed reports that its two properties, including the residence of its governor located at Plot 7-9 Elizabeth Avenue Kololo, Kampala City...
businessBoU orders Banks to Start Accepting NINs Instead of Issuing Card Numbers to Borrowers
Bank of Uganda (BoU) has directed financial institutions to start accepting a National Identification Number (NIN) when taking records of borrowers and ordered...
NationalParliament Wants New House for Late Mutebile Family
Parliament wants government to provide a new place of residence for the family of the late Prof. Emmanuel Tumusiime Mutebile, the Governor, Bank of Uganda in...