banks

Bank of Uganda announces open banks

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 […]

Traders strike in Uganda enters day two

 Hundreds of shops in Kampala, Mityana and Masaka are still closed for a second day as thousands of traders remain seated on the verandas of their closed shops. The security in Kampala as usual is tight and the policemen are going on to arrest the people they suspect to be mobilizing traders to become violent. […]