You’re Financially Sick: Bank Of Uganda Liquidates EFC Over Failure To Raise Capital Thresholds

Swift Daily NewsJanuary 20, 2024

by Swift Daily NewsJanuary 20, 20240

By Frank Kamuntu The Bank of Uganda has initiated the liquidation of EFC, a deposit-taking institution, revoking its license and instructing the cessation of its...

General News Uncategorized

Govt Completes Second Financial Inclusion Strategy

Caroline KanshabeDecember 3, 2023

by Caroline KanshabeDecember 3, 20230

By Caroline Kanshabe The government has finalized the second National Financial Inclusion Strategy, aimed at increasing access to financial services. The strategy due for launch...

Business General News Uncategorized

BOU: Stop Using Money Notes In Bouquets

Caroline KanshabeNovember 22, 2023November 22, 2023

by Caroline KanshabeNovember 22, 2023November 22, 20230

By Caroline Kanshabe The Bank of Uganda (BOU) has issued a warning to the public, advising against the practice of using banknotes folded into bouquets...

Business News

Museveni Appoints Josephine Okui Ossiya On BoU Board

Swift Daily NewsJuly 6, 2023

by Swift Daily NewsJuly 6, 20232

By Frank Kamuntu Parliament has on Thursday vetted Ms. Josephine Okui Ossiya who has been nominated by HE. Yoweri Kaguta Museveni to join the Bank of...

Uncategorized

”Ugx500m Is Too Much”-BoU Helplessly ‘Cries’ Before Justice Elizabeth As Tycoon Sudhir Lawyers Press Harder

Swift Daily NewsJune 9, 2023

by Swift Daily NewsJune 9, 20230

By Frank Kamuntu Bank of Uganda is once again in a Court battle with Kampala’s heavily loaded tycoon Sudhir Ruparelia who is squeezing the bank...