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June 2022 - Page 8

Construction of JLOS House Kicks Off

Construction of the Justice, Law, and Order Sector-JLOS house has commenced at Naguru. Two contractors, Seyani Brothers Limited and Semion Uganda Limited are undertaking the construction of the over 256.5 billion Shillings facility on 5 acres of land along Katalima Road. The
June 11, 2022

BoU Sets Pace For Raising Interest Rates

Bank of Uganda has for the first time in the last two years raised the central bank rate by 1% percentage point to 7.5% to tame inflation, setting the pace for commercial banks to raise interest rates. The country’s commercial banks had
June 10, 2022
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