Bank of Uganda
Ugandan central bank plans for Shs50,000 note
UGANDA - As Bank of Uganda plans to release the Shs 50,000, it's warning that people should not ask for the large denomination unless they are handling huge sums of money to warrant its use.
Banks gets electronic clearing system
UGANDA - The Uganda Banker's Association (UBA) and Bank of Uganda have introduced an electronic cheque clearing system, to replace the manual system, a statement from the bankers has said.
BOU forex strategy may be paying off
UGANDA - The Bank of Uganda's (BOU) new strategy of intervening into the foreign exchange market without disclosing amounts sold, seems to be working, reports New Africa News.
Central Bank changes worry forex market
UGANDA - The forex market has been unnerved by Bank of Uganda's decision to intervene discreetly rather than announce its specific actions in the market.
Bank of Uganda introduces new cheques
UGANDA - Bank of Uganda (BOU) has announced the introduction of new cheques in a bid to standardise and improve the cheque operation system.
Uganda central bank plans commercial bank sale
SWEDEN - Bank of Uganda Governor Emmanuel Tumusiime-Mutebile said in an interview on 20 June he expected to complete within two months a deal to privatise Uganda Commercial Bank Ltd (UCB).
New board of directors at Bank of Uganda
UGANDA - Tumusime Mutebile has been appointed as the new governor of the Bank of Uganda.