The government has announced that the Bank of Uganda will start regulating micro finances and mobile money as the way of protecting the consumers of such services. The minister of finance Maria Kiwanuka said that consumers have been complaining about the microfinance services and government is being forced to intervene. She that government has already […]
The Minister of Finance has finally sacked the former Vice President of Uganda, Specioza Kazibwe and appointed a new board to head the Micro Finance Support Center Limited for the next three years. The new board members are chaired by the Ministry of Finace’s Deputy Secretary to Treasury Keith Muhakanizi. Other members on the new […]
The governor bank ofUganda, Tumusiime Mutebile has informed the members of the public that all regulated financial institutions which include commercial banks, credit institutions and microfinance deposit taking institutions inUgandaare safe and strong and have the backing of the central bank ofUganda. Speaking to journalists at the Bank of Uganda headquarters inKampalatoday, Tumusiime said that […]