BOU Lowers Interest Rate to 9.5% for First Time in Two Years
The Bank of Uganda has lowered the Central Bank Rate (CBR) to 9.5 percent, an indicator of its intention to bring down the cost of …
Central Bank Keeps Interest Rate High Despite Inflation Easing
The Bank of Uganda has opted to maintain its base interest rate, the Central Bank Rate at 10 percent despite the sustained fall in inflation …
Bankers See 2023 Better, But Uncertainty Over Inflation Persists
Commercial banks have to find ways of balancing between a high Central Bank Rate by the Bank of Uganda and keeping their borrowing customers in …
Even with rising inflation, government priority should be on paying local suppliers
By Denis Jjuuko Somebody who had spent half the year planning for an event with many visitors expected in the country told me that most …