#Bank of Uganda

The Bank of Uganda has introduced strict over-the-counter cash withdrawal limits effective January 1, 2027. Under the new digital payment strategy, individuals are capped at UGX 50 million daily, while corporate accounts face a UGX 250 million daily limit to encourage electronic banking.

President Yoweri Kaguta Museveni has signed three new laws aimed at tightening regulation in Uganda’s construction, housing finance and valuation sectors. The...

The Bank of Uganda has cautioned the public against mutilating or defacing Uganda Shilling banknotes and coins, warning that the growing practice of turning...

Uganda’s economy posted an impressive 6.3% real GDP growth for the financial year ending June 30, 2025, signaling a resilient rebound from global economic...

African central banks must embrace artificial intelligence (AI) to strengthen financial supervision and ensure stability in an increasingly digital economy,...

Prof. Augustus Nuwagaba, Deputy Governor of the Bank of Uganda, has called for a new economic approach to tackle inequality and unlock Africa’s growth...

Bank of Uganda Governor Michael Atingi-Ego has unveiled a plan to overhaul agricultural finance, calling for urgent action to empower smallholder farmers with...

The Ministry of Finance has presented the Mortgage Refinance Institutions Bill, 2025 to Parliament, proposing a legal framework to regulate the establishment...

The Bank of Uganda will oversee mortgage refinancing institutions once the Mortgage Refinance Institutions Bill, 2025 becomes law. The Bill also grants the...

The Anti-Corruption Court has granted bail to six out of nine government officials accused of manipulating payment systems to steal Shs 60 billion from public...

Dr Michael Atingi-Ego has been appointed as the new Governor of the Bank of Uganda, succeeding the late Emmanuel Tumusiime-Mutebile, who passed away in January...

The Criminal Investigations Directorate (CID) has arrested nine senior officials from the Ministry of Finance over their alleged role in the fraudulent...

The Bank of Uganda (BoU) has reassured customers of Standard Chartered Bank Uganda Limited that their funds remain secure. In a statement issued on December 2,...

The East African Community (EAC) Secretary General, Veronica Nduva, has called on Partner States' Central Banks to adopt advanced technology to enhance...

The Bank of Uganda (BoU) has taken decisive action against Mercantile Credit Bank Limited, announcing the revocation of the bank's license and its placement...

The Deputy Governor of the Bank of Uganda announced the revocation of the licence of Mercantile Credit Bank Limited, which has also been placed under...

Uganda Investment Authority and Bank of Uganda (central bank) took their awareness workshop on affordable financing for small businesses and commercial...

By Rolant Kule and Denis Yekoyasi Kakembo Introduction On 16th August 2023, Uganda’s High Court rendered its verdict in the case of Excellent Assorted...

Bank of Uganda dismissed reports that its two properties, including the residence of its governor located at Plot 7-9 Elizabeth Avenue Kololo, Kampala City...

Bank of Uganda (BoU) has directed financial institutions to start accepting a National Identification Number (NIN) when taking records of borrowers and ordered...