All posts tagged "Bank of Uganda"

Economy

Bank of Uganda Governor Clarifies: Lower Inflation Rate Doesn’t Mean Lower Prices

 Governor Michael Atingi-Ego of the Bank of Uganda last week clarified the nuanced concept of disinflation,...

Tech and Communication

UICT Launches the Innovation Bootcamp to Transform Student Projects into Market-Ready Solutions.

The Uganda Institute of Information and Communications Technology (UICT), in collaboration with the National ICT Innovation...

Travel

Uganda Airlines Takes to the Skies with Inaugural Direct Flight to London Gatwick

In a significant boost for Uganda’s global connectivity, Uganda Airlines today launched its highly anticipated direct...

Business

Bank of Uganda warned over ‘facilitating’ illicit gold trade

As the Bank of Uganda (BoU) intensifies its gold purchases to boost national reserves, experts are...

Economy

UBOS Survey Report 2023/24; Poverty Rate Drops to 16.1 Per cent

The national poverty rate in Uganda has decreased from 20.3% in the 2019/20 survey to 16.1%...

Economy

Bank of Uganda Holds Key Interest Rate Steady at 9.75% Amid Global Economic Shakes

The Bank of Uganda (BoU) announced today that it will maintain its benchmark interest rate, the...

Education

Gov’t Eyes World Bank Funding to Revamp 160 Traditional Secondary Schools

The government is in advanced negotiations with the World Bank to secure substantial funding for the...

Gossip

City Contractor Almost Unlocks Bank of Uganda’s Vault!

Talk about digging yourself into a hole! Whispers are swirling around town about a recent incident...

Finance and Banking

Who Is David Wandera, Absa Bank Uganda’s New Boss

Absa Bank Uganda has announced the appointment of David Wandera as its new Managing Director, effective...

Climate Change

Uganda Chamber of Energy and Minerals Champions Cleaner Energy and Sustainable Development

The Uganda Chamber of Energy and Minerals (UCEM) has announced a significant shift in its strategic...