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Ugandans urged to save for environmental conservation

Juliet Nalwooga | October 31, 2022

As the country commemorates the World Savings Day today, Ugandans are urged to include in their savings goals preserving the environment to combat climate risks. According to the central bank deputy governor, Micheal Atingi-Ego, aligning savings with specific goals optimizes the intended impact. The Financial Capability Survey 2020, revealed that […]

National News

BoU raises central bank rate to 10%

Ritah Kemigisa | October 6, 2022

The Bank of Uganda has increased the Central Bank Rate (CBR) by one percentage point to 10% as part of measures to contain the rising inflation. The decision has been made today during a Monetary Policy Committee meeting convened by the Central Bank Deputy Governor, Michael Atingi-Ego. According to a statement […]