It’s no longer a question of what, but when. The government of Uganda says it will gradually phase out small denomination paper notes as one of the measures to reduce…
Dr Michael Atingi-Ego has taken over office as Deputy Governor, Bank of Uganda (BoU) effective August 03, 2020, replacing Dr Louis Kasekende who handed over office in January this year….
Ugandans have stashed record amounts of cash in banks, an indicator Ugandans feared to spend their money with the coronavirus uncertainty still hovering around. Bank of Uganda data shows that…
1. What does Credit Relief mean? It is a re-organisation of a debt obligation through concessions or accommodations that provide borrowers with some form of relief in how and/or when…
Bank of Uganda has today issued guidelines to all supervised financial institutions, to operationalize the credit relief and loan restructuring measures announced in the Monetary Policy Statement of April 6,…
In exercise of the duties and powers of the Board under Section 10 of the Bank of Uganda Act (Chapter 51), the Board Members of the Bank of Uganda, at…
