Page 3 - Michael Atingi News Today

Ugandas central bank maintained its main lending rate at 9.5% on Thursday, its deputy governor said, adding that the banks current monetary policy stance was expected to keep inflation near its...

By Nicholas Bariyo KAMPALA, Uganda--Uganda's central bank held its benchmark lending rate at 9.5% on Thursday, citing continued risks to inflation, despite a...

Through the past year, central bankers teetered and wobbled to avoid both inflation and recession while juggling an array of internal and external risks. Global Financ...

New York-based Global Finance magazine finds, reviews performance of central bank chiefs of 102 countries

After more than 20 years of waiting, the Bank of Uganda has granted a license to the first financial institution engaged in Islamic banking. | Pulse Ghana

Islamic banking

Deputy governor says Islamic banking will promote financial inclusion and expand product range

Salaam Bank, which already has operations in Kenya, Somalia, Djibouti, has 12 months to start offering Islamic Banking products

Salaam Bank Ltd was granted Uganda’s first Islamic banking licence, weeks after the president assented to the final piece of legislation paving way for the banking method

KAMPALA: Uganda’s central bank has issued its first Islamic banking licence since the country passed legislation to accommodate syariah-compliant finance activities in June.The licence went to Salaam Bank Ltd, a unit of Djibouti-based Salaam African Bank, the Bank of Uganda said in a statement.