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    Interest Rates

    PostBank reports 24% Growth in Agribusiness Loan Book

    by Paul MurungiAgricultureBanking & InsuranceNews & AnalysisApril 24, 2025April 24, 2025

    PostBank Uganda has recorded a 24% growth in its agribusiness loan book between 2023 and 2024, reflecting the bank’s robust commitment to transforming Uganda’s agricultural sector. This growth is a…

    Businessman Haruna Sentongo, A Brother to Billionaire Businessman Hamis Kiggundu, Ordered to Pay UGX 10.38 Bn to I&M Bank or Lose Property

    by Brian EmorutCommercial JusticeNews & AnalysisThe Big StoryMarch 30, 2025March 30, 2025

    In a recent ruling that has captured the attention of Uganda’s business community, businessman Haruna Sentongo, the brother of billionaire businessman Hamis Kigundu, has been ordered by Uganda’s Court of…

    Money lenders lock horns with UMRA, Finance Ministry over 2.8% interest cap 

    by Paul MurungiThe Big StoryNovember 20, 2024November 20, 2024

    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…

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    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…

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

    by Muhereza KyamuteteraFinanceThe 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…

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    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 NewsThe 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…

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