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Tag Archives: BOU

Heated debate over free house for Mutebile family

Kampala, Uganda | THE INDEPENDENT | Parliament is divided over a proposal to buy a house or have the family of Prof. Emmanuel Tumusiime-Mutebile, the late governor of Bank of Uganda (BoU), retain their residence in Kololo. The Bukooli Central MP, Solomon Silwany tabled the proposal on the floor of …

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Gov’t treasury bills, bonds fetch Sh12 trillion

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda (BOU) has mobilized sh12 trillion through the Primary Dealer Market Makers in the treasury bills and bonds over the year ended December 2021. Another 1.4 trillion shillings was transacted during the same period through private placements, (as opposed to the …

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Uganda’s 2022 economic outlook

Rise in imports, commodity prices, COVID-19 variant could impact recovery Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy underperformed in 2020 as coronavirus pandemic lockdown took toll on economic activities. The economy is projected to grow by 3.5-3.8% in the FY2021/22 and 5.5-6.0% in FY2022/23, before increasing to 6.5-7.5% in …

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BoU to issue guidelines on green financing

It plans to integrate climate change related risks in analysing micro and macro-economic conditions Kampala, Uganda | ISAAC KHISA | Uganda’s central bank will soon rollout guidelines for green financing to support small and medium and enterprises as the country strives to achieve sustainable development. Hannington Wasswa, the director commercial …

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BOU concerned about delays in financial sector amendments

Kampala, Uganda | THE INDEPENDENT | The Central Bank is seeking the intervention of Parliament to ensure that regulations regarding governance and supervision of the financial sector are given urgent attention. The bank officials made the proposal while meeting MPs from different committees of parliament on Friday. Led by Deputy …

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Former BOU chief Elangot failed to access his pension

Soroti, Uganda | THE INDEPENDENT | Thousands of mourners who trekked to Serere district to pay their last respect to the fallen former Deputy Governor of Bank of Uganda, John Robert Elangot were shocked to learn that the 87- year- old man died before receiving his pension. Elangot died on …

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