By Julius Businge This is the second straight month the Central Bank of Uganda is staying its policy interest rate, the central bank rate (CBR) unchanged at 12%, Governor Emmanuel Tumusiime Mutebile told a news conference in Kampala on Nov. 4. The policy rate stood at 11% in August before …
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By Julius Businge The Bank of Uganda has for the fourth consecutive month maintained the Central Bank Rate (CBR) at 12% in March, according to the Monetary Policy Statement issued by the bank on March 5. The Bank said inflationary pressures have remained below single digits and that meant maintaining …
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By Dicta Assimwe Imagine leaving money on your account and later find that its not only missing but you are also asked to pay charges for overdrawing your account. Your bank doesnt even inform you of the transaction on your account. You only find out during the audit process. This …
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The Independent Uganda: You get the Truth we Pay the Price
