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Tag: BANK OF UGANDA

Business / Companies / economics

Bank of Uganda to Regulate Mortgage Refinancing Institutions with New Bill

March 12, 2025March 12, 2025 - by Carmen Mendez - Leave a Comment

The Bank of Uganda will regulate mortgage refinancing institutions once the Mortgage Refinance Institutions Bill, 2025 is enacted. The Bill mandates licensing and approval for Islamic mortgage businesses and aims …

Bank of Uganda to Regulate Mortgage Refinancing Institutions with New Bill Read More
Business / economics

Uganda’s Economic Challenges: Lessons from COVID-19 and Global Events

March 12, 2025March 12, 2025 - by Marcus Chen - Leave a Comment

Economists call for Uganda to adopt sustainable spending practices amid global economic shocks. At the Stanbic Economic Insights Symposium, experts criticized government spending habits, underscored the need for preparedness against …

Uganda’s Economic Challenges: Lessons from COVID-19 and Global Events Read More
Companies

Michael Atingi-Ego Appointed New Governor of Bank of Uganda, Augustus Nuwagaba as Deputy

February 10, 2025February 10, 2025 - by Carmen Mendez - Leave a Comment

Michael Atingi-Ego is appointed as the new Governor of the Bank of Uganda, with Augustus Nuwagaba as Deputy Governor. Atingi-Ego, previously the Deputy Governor since 2020, is poised to continue …

Michael Atingi-Ego Appointed New Governor of Bank of Uganda, Augustus Nuwagaba as Deputy Read More
Companies

Tanzania Surpasses Kenya as Uganda’s Leading Source of Imports in Africa

November 13, 2024November 13, 2024 - by Liam Nguyen - Leave a Comment

Tanzania has surpassed Kenya as Uganda’s largest source of imports, accounting for 42.56% of Uganda’s imports from Africa as of June 2024. This shift marks a major change from previous …

Tanzania Surpasses Kenya as Uganda’s Leading Source of Imports in Africa Read More
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