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Sunday,October 25,2020 23:16 PM

Central Bank

Commercial banks increase interest rates...

BANKING | Commercial banks' average interest rates for shilling denominated loans rose to 19.3% in June from 18.8%, reflecting risk averseness in the...

Court petitioned over sale of defunct commercial...

A petition has been filed in the Anti-Corruption Division (ACD) of the High Court asking the court to hold Central Bank officials culpable for the 'dubious'...

URA rolls back taxes to stimulate the economy...

John Rujoki Musinguzi, the URA Commissioner General pointed out in a booklet to announce the tax amendments for the 2020/2021 financial year that COVID-19...

Absence of BOU's Deputy Governor not affecting...

However, the speaker of Parliament Kadaga has tasked the ministry to push for the appointment of the new Deputy Governor saying it is a constitutional...

Post Bank is resilient despite probe, says...

“The Bank of Uganda assures Post Bank customers and the general public that Post Bank Uganda Limited is strong, safe and sound and all its services will...

Central Bank maintains lending rate at 10%...

The economy is projected to be operating around its potential economic growth of 6-6.5%, says Bank of Uganda.

Central Bank maintains CBR at 10% 

“The positive growth outlook is expected to be sustained over the coming year, partly driven by public infrastructure investment,” he added.

Bank of Uganda cuts down period of processing...

Currently it takes between four to five days to cash in on a cheque, especially when the transaction involves more than one bank.

The impact of digitalisation on financial...

The optimists argue that digitalisation will impact economic growth positively

Central bankers shifting goalposts

Why is it that central bankers would rather look at external issues than focus on their own area of responsibility?

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