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Gov't Tables Shs4.4 Trillion Supplementary Request chimpreports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chimpreports.com Daily Mail and Mail on Sunday newspapers.
Why govt raised financial deposit insurance from Shs 3m to Shs 10m May 11, 2021 Finance minister Matia Kasaija (R) unveils DPF to the media at Uganda Media Centre The Uganda government recently raised the insurance cover on deposits in financial institutions from Shs 3 million to Shs 10 million. This concerns all types of accounts: savings, current and fixed deposit. The Deposit Protection Fund of Uganda (DPF) is the government agency charged with insuring the safety of customers’ deposits in financial institutions. The change was made in the financial year 2019/2020. This led to a wider catchment net that now fully covers 98 percent of the accounts in the concerned financial institutions. DPF insures depositors’ finances in three categories of deposit-taking financial institutions regulated by Bank of Uganda. These are commercial banks, credit institutions and microfinance deposit-taking institutions (MDIs). ....
Why Privatisation Unit was disbanded monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.