• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

Finance Minister Kasaija moves to amend Bank of Uganda Act

Watchdog Uganda by Watchdog Uganda
8 years ago
in Business, News
1 0

Warning: Trying to access array offset on value of type bool in /home/90/81/2028190/web/wp-content/themes/jnews/class/Image/ImageNormalLoad.php on line 70

Warning: Trying to access array offset on value of type bool in /home/90/81/2028190/web/wp-content/themes/jnews/class/Image/ImageNormalLoad.php on line 73
ShareTweetSendShare

By our reporter

Finance Minister Matia Kasaija is set to enforce the amendment of Bank of Uganda Act, 2000 in a bid to streamline its operations.

During a cabinet meeting at State House, Entebbe, Kasaija noted that government will update the objectives and functions of BoU to reflect changing mandate and roles of the central bank and outline its monetary policy operations.

According to the minister, the amendment will enhance Central bank’s capacity to respond to the challenges arising from the ‘evolving financial market environment.

“Government will ensure effective implementation of the requirements of the new national legislation, regional (EAC) commitments and strengthening all provisions in the current Act that are considered inadequate for the effective execution of BOU’s constitutional roles in the changing environment and clarify those that have presented interpretation challenges,” said Kasaija.

During the meeting, ministers said that after amending the BoU Act, Kasaija will issue draft instructions to the First Parliamentary Counsel to have the amendment Bill drafted and then tabled before Cabinet for deliberation.

Access Uganda news easily by downloading “Watchdog Uganda” app from Google app store or follow this link;https://play.google.com/store/apps/details?id=com.watchdog.watchdp7.watchdogapp


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
ShareTweetSendShare

Related Posts

Business

Hisense Unveils World’s Largest RGB Mini-LED TV in Uganda, Announces Community Initiatives

19th September 2025 at 21:03
Party Flag Bearers will use their official registered Party Symbols.
Politics

EC Unveils Official Party and Independent Candidate Symbols Ahead of 2026 Elections

19th September 2025 at 17:30
National

Energy Efficiency Bill Stalls as Parliament Weighs Need for New Law

19th September 2025 at 16:49
Next Post

DP disowns Ronald Mayinja after singer performing at NRM age limit victory party

  • Is Tycoon Sudhir Turning Crane Bank Properties into Supermarket Chain?

    262 shares
    Share 105 Tweet 66
  • Haruna Towers the 16-floor masterpiece rising at Wilson Road to Transform Kampala’s Skyline forever

    253 shares
    Share 92 Tweet 58
  • Kampala’s Nakivubo Channel Set for Transformation Under HAM Enterprises’ Visionary Project

    336 shares
    Share 134 Tweet 84
  • Ham-Haruna: Two Brothers Unrelentingly Pushing Uganda Beyond Known Limits

    100 shares
    Share 40 Tweet 25
  • ### Sudhir Ruparelia Unveils One-10 Apartments: A New Era of Luxury Living in Kampala’s Heart

    93 shares
    Share 37 Tweet 23
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

Hisense Unveils World’s Largest RGB Mini-LED TV in Uganda, Announces Community Initiatives

19th September 2025 at 21:03
Party Flag Bearers will use their official registered Party Symbols.

EC Unveils Official Party and Independent Candidate Symbols Ahead of 2026 Elections

19th September 2025 at 17:30

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is the undisputed king of Kampala

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0

Hisense Unveils World’s Largest RGB Mini-LED TV in Uganda, Announces Community Initiatives

19th September 2025 at 21:03
Party Flag Bearers will use their official registered Party Symbols.

EC Unveils Official Party and Independent Candidate Symbols Ahead of 2026 Elections

19th September 2025 at 17:30

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda