Pursuant to the powers granted to it under section 78 of the financial institutions Act 2004, Bank of Uganda, either by itself or its appointed agent or any other person authorised by it, is empowered to establish a credit reference bureau for the purpose of disseminating credit information among financial institutions. The Bank of […]
The governor bank of Uganda Tumusiime Mutebile has ordered commercial banks to reduce their lending rates because the Central Bank has also lowered the Central Bank Rate. The rate at which Bank of Uganda lends to commercial banks standards at 17% in this month of August 2012 down from 19% in July the same […]
We have been told that the governor Bank of Uganda is planning to launch a new 100,000 shillings banknote at the Bank of Uganda head offices in Kampala. The date for the launch is still not clear as the new banknote is still under discussion. So soon Ugandans on the ground will be receiving […]
Job seekers should now read this! Bank of Uganda has invited bids from bidders for the provision of Guard Services at headquarters, currency centres and regional branches. According to the management of Bank of Uganda, a complete set of bidding documents in English may be purchased by interested bidders upon payment of a non […]
Although Bank of Uganda Governor Tumusiime Mutebile, President Museveni and the government in general have always been quick to close banks owned by the private seen as anti government including the Greenland bank, owned by late Sulaiman Kiggundu, they have refused to close the National Bank of Commerce formerly Kigezi Bank of Commerce owned […]
President Museveni today (Friday) met with the members of the Public Accounts Committee over Bank of Uganda Governor Emmanuel Tumusiime Mutebile’s future as governor bank of Uganda. The meeting followed yesterday’s National Resistance Movement (NRM) caucus meeting in Kampala which failed to agree over the future of Mutebile in bank ofUganda. The MPs were invited […]
It seems some men think their wives are supposed to stay at home and do domestic work. Otherwise what explains why some men never ever move out with their wives? Many prominent men in Kampala attend public functions alone while their wives remain at home or go out on their own elsewhere. Here is a list of […]
The governor bank ofUganda, Tumusiime Mutebile has informed the members of the public that all regulated financial institutions which include commercial banks, credit institutions and microfinance deposit taking institutions inUgandaare safe and strong and have the backing of the central bank ofUganda. Speaking to journalists at the Bank of Uganda headquarters inKampalatoday, Tumusiime said that […]
It seems some men think their wives are supposed to stay at home and do domestic work after being tied the knot- Though many men swear to cling on their wives until death does them apart. Many prominent men in Kampala attend public functions alone while their wives remain at home or elsewhere. Today our […]
Cases of people impersonating top government officials in a bid to embezzle funds is on increase in the third East African economy, Uganda . We are told that most of the con men mainly impersonate army generals, ministers and MPs. For instance, the police have today arrested a 19 year old student from Ntale school […]