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Tag Archives: BOU

Launch of the Mutebile centre

Longest-serving central bank boss feted at inaugural lecture Kampala, Uganda | IAN KATUSIIME | The launch on Jan.11 of the Tumusiime Mutebile Centre of Excellence was the perfect moment to fete the long-serving governor of the central bank.  At the helm since 2001, Mutebile is the longest serving governor the …

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Banks rollout agent banking

The new banking model is expected to deepen financial inclusion Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks have started rolling out agent banking following Kenya and Rwanda’s footsteps in an effort to grow deposits and customer base. This follows the coming into force of the Financial Institutions Act …

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Bad outlook for Ugandan banks

Low private sector lending, decline in interest rates to take toll on the bank’s profitability for the year ending Dec 2017 Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks seem to be laying down new strategies as the industry anticipates to record subdued earnings in 2016 owed to low private …

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THE INDEPENDENT: Why BOU bosses’ fight isn’t helpful

COVER Saving Bank of Uganda: Why Kasekende, Bagyenda, Mutebile fight isn’t helpful THE LAST WORD Why our nations remain poor: African elites are victims of their own delusions about distorted history of developed countries. POLITICS Justice Kasule’s decent proposal on elections: Why not have regional Supreme Court to decide petitions? …

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BOU LECTURE: Is it time for state protection of industries?

But should Dr. Ha – Joon Chang’s push for more state intervention in the economy be the future? Kampala, Uganda | JULIUS BUSINGE | The guest speaker at the Bank of Uganda’s flagship annual lecture series; the Joseph Mubiru Memorial Lecture, is usually a distinguished individual in the field of finance, …

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Stanbic Bank cuts interest rates

Kampala, Uganda | THE INDEPENDENT | In response to the October monetary policy statement by the Bank of Uganda and the decision to reduce the Central Bank Rate by 0.5 percentage points to 9.5 %, Stanbic Bank has matched the Central Bank’s rate cut by reducing its Prime Lending Rate from …

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