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  • BoU Increases Central Bank Rate in an Effort to Fight Inflation

BoU Increases Central Bank Rate in an Effort to Fight Inflation

UGANDA, Kampala | Real Muloodi News | Bank of Uganda raised the Central Bank Rate (CBR) by a percentage point on Thursday to 7.5…

Gov’t to Allow Savers to Access 50% of their Retirement Savings as Mortgage Security

UGANDA, Kampala | Real Muloodi News | The Government of Uganda has announced that savers into approved retirement schemes will…

Prices of Building Materials Shoot Up

UGANDA, Kampala | Real Muloodi News | Over the last three months, prices for various building materials have dramatically increased. With a bag…

Parliament Urges the Government to Track Funds Meant for the New Local Government Units

UGANDA, Kampala | Real Muloodi News | Parliament had a sitting on 29th March 2022 chaired by the newly elected Deputy Speaker of…

A Ray of Hope as Government Devises Means to Curb the Surge in Living Costs

UGANDA, Kampala | Real Muloodi News | Matia Kasaija, the Minister of Finance, has given Ugandans hope that there will be a reduction…

Russia-Ukraine Invasion May Affect Bank of Uganda’s Interest rates

UGANDA, Kampala | Real Muloodi News | UPDATE: April 13, 2022: The Bank of Uganda left its benchmark interest rate at…

Government Losses Billions of Dollars in Taxes for Failing to Obtain Promised land for Oil Refinery Company

UGANDA, Sango Bay | Real Muloodi News | Government had pledged to provide Oil Refinery Company with 26,500 hectares of land.…

Commencement of Property Valuations in 10 New Cities

UGANDA, Kampala | Real Muloodi News | The Ministry of Local Government is currently undertaking property valuations in newly created…

Airtel Uganda Partners with Housing Finance Bank to Launch ‘Quick Loan’

UGANDA, Kampala | Real Muloodi News | Airtel Uganda Limited, a telecommunications company that provides a cost-effective and secure Mobile Money platform, has…

Crane Bank Ownership Reverts to Real Muloodi Sudhir, BOU Ordered to Pay All Costs

UGANDA, Kampala | Real Muloodi News | On Friday February 11, 2022, the Supreme Court declared that Crane Bank ownership reverts to Real…