Bank of Uganda

South Sudan threatens to revoke Stanbic licence

South Sudan’s central bank has threatened to revoke the licence of Stanbic Bank Limited South…

State House dismisses reports linking Amama Mbabazi to BoU governor job

State House has rebutted reports that President Museveni had appointed former Prime Minister John Patrick…

SPOTLIGHT: Leadership crisis hits Bank of Uganda

KAMPALA — President Museveni's failure to appoint a new Governor for the Bank of Uganda…

TOUGH TIMES! BoU moves to restrict money in circulation amid spiraling inflation

On July 6, Bank of Uganda held an emergency monetary policy committee meeting and decided…

Bank of Uganda increases lending rate to 8.5 percent amid skyrocketing inflation

Bank of Uganda (BoU) has increased the Central Bank Rate (CBR) by another percentage point…

Worldremit explains send licence closure in Uganda

KAMPALA –WorldRemit Money Transfer (U) Limited has explained that its exit from Uganda does not…

Central Bank explains WorldRemit’s exit from Uganda

Bank of Uganda has sought to assure stakeholders and financial sector players that the exit…

BREAKING! Pesapal Uganda gets Bank of Uganda license to start transactions

KAMPALA —Pursuant to the National Payments Systems Regulation, 2021, Pesapal Uganda has received a Payment…

I&M Bank Uganda signs onto interbank trading platform Tradeclear

KAMPALA — I&M Bank Uganda has signed onto TradeClear, an umbrella platform with 14 other…

ANALYSIS: Ahead of Budget Reading for FY 2022/23, here is what to expect

The National Budget Reading for FY 2022/23 is set for tomorrow June 14, 2022 under…