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Opinion
ACI Uganda setting global standards for Uganda’s financial markets
By Benoni Okwenje Any sector that plays a major role in the growth and development of an economy must aspire ...
March 27, 2018
Politics & Policy
Independent arbitration center to reduce costs and time in commercial disputes – Kasekende
The Alternative Dispute Resolution Framework for the banking and financial sector will help to expedite justice with respect to commercial law in Uganda through two channels. It will offer an opportunity for litigants to settle commercial disputes without going through the commercial courts, and thereby much more quickly and almost certainly at much lower costs
March 23, 2018
Economy
Politics & Policy
How the Bank of Uganda conducts monetary policy
The overall objective of Bank of Uganda’s monetary policy is to achieve low and stable inflation, defined by a medium-term target of 5.0% of core inflation. The secondary objective is to support economic growth
February 15, 2018
Economy
Bank of Uganda cuts key rate on private sector credit growth concerns
Bank of Uganda found more room to cut its benchmark rate on concerns about sluggish private sector credit growth and the cost of loans
February 13, 2018
Economy
Lean times for banks’ loan growth and profits in FY17
There are no major threats to the stability of the financial system, at least as of June 2017, according to Bank of Uganda's Financial Stability Report
February 12, 2018
Politics & Policy
Bank of Uganda announces staff changes as Bagyenda retires
Bank of Uganda has announced several appointments to its top management team and transfers, including a new executive director of supervision
February 7, 2018
Economy
Central Bank maintains policy rate while admitting easing cycle has had little effect on loan prices
Bank of Uganda has maintained its lowest ever policy rate, citing a projected rise in core inflation, uneven economic growth, and stickily high prices of credit
December 18, 2017
Economy
Uganda inflation falls to 32-month low
A slowdown in the rise of food prices was responsible for the drop in the increase of Uganda consumer prices in November to their lowest level since March 2015, according to figures from the statistics bureau
November 30, 2017
Economy
2017 was a year of consolidation in the banking sector – Kasekende
Many of the problems facing the banking industry today can be more effectively solved if banks cooperate to pool resources and realise economies of scale and thereby reduce costs
November 27, 2017
Politics & Policy
Bank of Uganda, central bank of Sudan to strengthen ties
Bank of Uganda and the Central Bank of Sudan have agreed to explore all avenues to consolidate and expand trade and investment between Uganda and Sudan
November 14, 2017
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