Tag: Michael Atingi-Ego

Central Bank Raises Rate to 12% as Inflation Risks Increase

Economy Sarah Okello -
The central bank raised its benchmark interest rate by 225 basis points to 12% on Wednesday, citing rising inflation...

BoU-SACCO standoff: What happens to SACCOs entering phased licensing after October 1?

Banking & Finance Moses Kabasibante -
The Bank of Uganda’s October 1 deadline for large Savings and Credit Cooperative Organisations (SACCOs) is approaching with uncertainty...

Atingi-Ego Says BoU Has Tools to Contain Shilling Pressure

Banking & Finance Moses Kabasibante -
Bank of Uganda Governor Michael Atingi-Ego has reassured Uganda’s financial sector that the central bank has sufficient capacity to...

Atingi-Ego: Uganda’s Future Wealth Lies in the Minds of Its Young People

Banking & Finance Sarah Kamanyire -
Bank of Uganda Governor Michael Atingi-Ego has urged university students to cultivate curiosity, critical thinking and teamwork, saying Uganda’s...

COSASE Questions BoU Over Consumer Protection for Mobile Money Loans

Fintech Darmasco Kaggwa -
Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has questioned the Bank of Uganda over safeguards for...

Bank of Uganda at 60: The Governors Who Shaped Uganda’s Central Bank Since 1966

Banking & Finance Stephen Kalema -
When the Bank of Uganda opened its doors on August 15, 1966, Uganda was only four years into independence...