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Economy
Uganda’s central bank cuts benchmark rate to 9.5%
Bank of Uganda said on Tuesday that economic activity is picking up and stressed the importance of private sector credit growth as it announced a cut in its policy rate to its lowest level ever
October 3, 2017
Economy
Liquidity ratio in Uganda’s banking sector up by 6.7% – Central Bank
The liquidity ratio in Ugandan banks has improved by 6.7%, an indication that the banking sector has adequate capital buffers
September 19, 2017
Economy
Bank of Uganda puts brakes on monetary easing as economy improves
Before Friday's decision, the Bank of Uganda had reduced its policy lending rate in each of its past eight meetings going back to April 2016
August 11, 2017
Companies
Politics & Policy
Governor defends central bank on Crane Bank supervision
Tumusiime-Mutebile says much of the commentary on Crane Bank in the media and on social media betrays a profound misunderstanding of how bank supervision works and what can realistically be achieved by a bank regulator
August 11, 2017
Economy
BoU cuts policy lending rate further to support economic recovery
The central bank's decision to cut its policy lending rate was influenced by the slowdown in economic growth
June 19, 2017
Economy
IMF calls for more intrusive bank supervision, and revises down growth forecast
The International Monetary Fund is the latest institution to downgrade Uganda's growth projections for the current financial year, following similar updates by the World Bank and the Bank of Uganda.
May 17, 2017
Economy
Bank of Uganda has some news on the economy… And it is not good!
Bank of Uganda on Wednesday reduced the policy lending rate by 0.5% to 11% citing an improved inflation outlook and the need to support private sector credit and economic growth.
April 12, 2017
Markets
All banks now primary dealers as Bank of Uganda eases investing in treasuries
The Central Bank has opened up the primary market for government securities to all 24 licenced commercial banks, a move it says aims to make investing in the securities easier and more accessible to the public.
April 5, 2017
Economy
Bank of Uganda cuts policy rate by 0.5%
Bank of Uganda on Wednesday lowered the central bank rate by 0.5% to 11.5% from the 12% set in December.
February 15, 2017
Economy
Uganda unlikely to achieve middle income status by 2020, World Bank says
The World Bank says Uganda's economy must grow by 12% each year until 2020 if it is to achieve its goal of middle-income status by that time. But that is twice the growth rate it considers realistic for Uganda's GDP in the medium-term
February 7, 2017
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