Finance

Bank of Uganda lowers cheque value limits by half

by CEO Reporter
BoU Deputy Governor, Dr. Michael Atingi-ego. Fred Muwema argues that there can’t be a functioning deputy Governor when there is no functioning Governor to deputize.

Bank of Uganda (BoU) has reduced by half the maximum value that can be written on cheques to banks and other financial institutions.Currently, amounts written on cheques are limited to…

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