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Business - Page 26

INFLATION: Stranded BoU Raises CBR To 8.5 Percent

Bank of Uganda has decided to raise the Central Bank Rate by a percentage point to 8.5 percent as part of emergency measures against the spiraling inflation. This was decided at Tuesday’s emergency Monetary Policy Committee meeting called by the Central Bank Deputy
July 6, 2022
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“You exceeded your mandate and acted without jurisdiction, thus illegally,”- Court Dustbins COSASE Report On Asian Properties Already Handled By Court And Other Processes

Parliament’s committee on Sub-Committee on Commissions, Statutory Authorities and State Enterprises (COSASE)  have been dealt a blow after court ruled that its subcommittee did its work illegally as it tried to act as court in investigating properties under the Departed Asians Property
July 5, 2022
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