Tag: commercial banks
URA-Bankers Association Row
People keeping money in commercial banks may find their personal information in the hands of the tax authority if Uganda Revenue Authority ...Banks Struggling to Recover Capital
Commercial banks are being faulted for the increasing none performing loans, that currently stand 1.7 trillion shillings in 2017 from 1.2 trillions ...Revenue Shortfall Pushes Government to Borrow
The government has refuted claims that the UGX738b to be borrowed from commercial banks is to clear salaries and wage arrears. According ...Bank of Uganda Reduces Bank Rate to 9% from 9.5%
Bank of Uganda has reduced its Bank Rate CBR) despite signs of a recovering economy. The rate has been fixed at 9% ...