Money lenders and some private sector players have warned of dire consequences to the economy over the new interest cap of 2.8 percent per month for money lenders instituted by…
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…
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…
On its website, Bank of Uganda says it “100% owned by the Government of Uganda
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…
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