Interest Rates Archives – CEO East Africa

HIGH INTEREST RATES: Furious Mutebile threatens banks with retaliatory statutory capping of lending rates

by Muhereza KyamuteteraThe Big StoryJuly 8, 2020July 8, 2020

The Governor of Bank of Uganda, Professor Emmanuel Tumusiime Mutebile, has today threatened to take retaliatory statutory action on the banking industry over its reluctance to cut interest rates in…

Bank of Uganda further expected to cut Central Bank Rate to below 8 per cent

by Muhereza KyamuteteraFinance The Big StoryJune 7, 2020June 7, 2020

Ahead of the Central Bank’s announcement of its June 2020 Monetary Policy, experts have predicted that Bank of Uganda, will further cut its Central Bank Rate (CBR), in a bid…

OPINION: Dr Kasekende, BoU should use the prosperity of Ugandans and not the prosperity of banks to measure progress

by Muhereza KyamuteteraThe Big StoryApril 13, 2018

On its website, Bank of Uganda says it “100% owned by the Government of Uganda

Dfcu to pay Shs200 bn for Crane Bank in 3 years; earns Shs260 bn on the deal in just 11 months

by Muhereza KyamuteteraCompany News The Big StoryMarch 31, 2018March 31, 2018

Bank of Uganda sold Crane Bank for Shs200 billion to Dfcu Group; payable over 3 years, in just 11 months after the contentious deal, Dfcu has reported earning Shs260 billion…