Uganda Raises Interest Rates to 9 Per Cent, Warns More Hikes to Come
UGANDA, Kampala | Real Muloodi News | Uganda’s Central Bank has raised interest rates by another 50 basis points to 9.0% on…
Emergency Interest Rate Hike Boosts Uganda Shilling
UGANDA, Kampala | Real Muloodi News | The Bank of Uganda increased the Central Bank Rate (CBR) to 8.5 per…
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…