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Uganda's gold exports surged more than 10-fold in 2023 despite U.S. sanctions on a major processor in the East African country, data from the central bank showed on Tuesday. Uganda, which has emerged as a major hub of gold trade in the region, exported gold worth $2.3 billion in 2023, compared with $201 million over the previous twelve months ...

Uganda's discovery of nearly 31 million tonnes of gold deposits worth approximately 12 Trillion USD, could be an economic game-changer. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica Instagram: https://www.instagram.com/cgtn_africa/

#kechhotline It’s an industry that could be about to boom after the government exploration surveys indicated that there could be huge deposits in the country. Refining gold locally could enhance job creation and improve social service delivery for those living near to where the mineral is extracted. The government hopes the discover of the ...

#ogapromoug #behindtheheadlines #boumoneyhesit WHERE IS THE MONEY - Top Bank of Uganda officials quizzed over 60 billion loss inform of heist

While Gold dealers were excited at an announcement last week, by the central bank to purchase gold from artisanal miners, they are on one part disappointed that the lender will be buying in Uganda shillings not in US Dollars and the major currencies, according to the head of Gold finance Collins Tugumisirize. We also spoke to a former BOU head ...

Uganda's $12 Trillion Gold Discovery Reshaping Global Economics Uncover the monumental $12 trillion gold discovery in Uganda that could redefine global economics! 🌍💰 In this exciting episode from Mwaki Insights, we delve into the geological miracle located in regions like Karamoja and Busia, exploring its potential impact on Uganda and ...

THE UGANDAN GOLD FEVER - Inside The Deadly Gold Mines Where They Risk Their Lives Uganda Recently made a groundbreaking announcement that shook the world of precious metals. After years of exploration surveys, the Ugandan Government uncovered massive deposits of gold ore estimated at 31 million tonnes. But that's not all, this remarkable find ...

The state minister of finance in charge of general duties, Henry Musasizi, has confirmed the hacking of Bank of Uganda accounts, leading to the theft of billions of shillings. Explaining online reports on the matter, Musasizi described the amount of money reported to have been stolen as exaggerated but declined to give further details on what ...

Gold exports out of Uganda for the year 2015/16, were worth $200 Million dollars or about 700Billion shillings; according to the Central Bank. This turnover is that even without value addition efforts as fresh investigation by the IGG over alleged tax evasion by African Gold a mineral exporting firm based in Entebbe ensue. Subscribe to Our ...

The Episode is Live! Tune in to the latest BOU CONNECTS podcast as Mrs. Rita Karungi Butime shares expert tips on saving, budgeting, and smart investing. Let’s take control of our finances today! Watch now on the BOU YouTube channel 👉

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We're touring the world's currencies... discover the story behind Uganda’s highest-value banknote! 🇺🇬💰 The 50,000 Ugandan Shilling note, worth about $13, holds more than just monetary value—it showcases Uganda’s rich culture, history, and breathtaking wildlife. From Kampala’s Stride Monument to the silverback gorillas of Bwindi ...

Bank of Uganda has broken its silence by clarifying that they were not involved in initiating the over 51 billion shillings that was paid into fraudsters' accounts in the United Kingdom and Japan. Addressing the media at the Bank of Uganda head office in Kampala, Deputy Governor Michael Atingi-Ego stated that they have so far recovered 8.205 ...

They say love is priceless, but let’s be real - money matters in relationships. From budgeting as a couple to managing shared expenses and navigating debt, we’re unpacking it all with Mr. Robert Owagonza on the next BOU Connects podcast. Don’t miss the full episode dropping on our YouTube channel tomorrow. Subscribe now to the Bank of ...

The Bank of Uganda has this evening handed out the first-ever large licensed registered society’s license to EBO Cooperative Savings and Credit Society Limited, a SACCO based in Western Uganda that has been in operation for over 30 years. During the handover, Deputy Governor Prof. Augustus Nuwagaba warned directors that they must adhere to ...

We take a look at government treasury bonds, what the fixed income investments mean, what’s the interest over what period of time? Where do you go to buy, who do you talk to among others? On the Link tonight we speak to a primary dealer to find out the answer. #NTVNews #NTVTonight #NTVWeekendEdition Subscribe to Our Channel For more news ...

In a shocking revelation, hackers allegedly stole 62 billion Ugandan Shillings (around $17 million) from the Bank of Uganda's treasury in less than 60 seconds, bypassing the bank's IT firewalls. The hacker group, identified as "Waste," has raised serious concerns about the security and leadership at Uganda's central bank, which has been without ...

Money and Markets Uganda S1 E04: The CEO, Kinsman Advisory, William Nyakairu gives guiding tips on how to get started buying bonds in Uganda. Don't miss the next episode on NTV Uganda on Wednesday at 8.30pm Find more stories at http://www.moneyandmarketsuganda.com/

Today, the Police Forensics Team, alongside other detectives, conducted searches at the homes of the nine suspects accused of orchestrating the fraudulent transfer of 60 billion shillings to accounts in Japan and the UK last year.The searches followed the arrest of officials from the Ministry of Finance as investigations into the high-profile ...

Earlier this week, it emerged that with the first oil now less than a year away, the government had moved to sign a deal to realize the long-held dream of setting up an oil refinery in Uganda. The agreement, between the Ugandan government and a firm from the United Arab Emirates, will see the plant established in Hoima to enable petroleum value ...

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Nyumirwa video eno #bankofuganda #news #ssegona #nrm #museveni #nups #muwadankunyingi Don't forget to subscribe if you haven't yet. You can share this video with all your friends and loved ones. Let's shine the talents in our country Uganda. Soft Focus Media Television Ekwata emikolo, embaga, okwanjula, enyimba wamu ne filimu. Gwe eyandiyagedde ...

On 5 December 2024, the Bank of Uganda (BoU) Monetary Policy Committee (MPC) maintained the Central Bank Rate (CBR) at 9.75%. Domestic inflation remains subdued. Over the twelve months leading up to November 2024, annual headline and core inflation averaged 3.3% and 3.5%, respectively. This stability is largely due to previous monetary policy ...

After nearly two decades of development, Uganda’s East African Crude Oil Pipeline is set to begin operations. The government says the project—backed by Total Energies and China’s CNOOC—will bring economic growth and energy security. But critics warn of environmental risks, mass displacement, and uncertain benefits for Ugandans. With ...

#kechhotline In a bid to bolster its gold reserves, Uganda's central bank has launched a domestic gold purchase program. Michael Atingi Ego, Deputy Governor of the Bank of Uganda, announced the initiative as a strategic move to increase the nation's gold holdings and enhance financial stability. Ugandan Finance Minister Matia Kasaija emphasized ...

On 7 October 2024, the Bank of Uganda’s Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 9.75% due to an improved inflation outlook.

Join us as Alex Rwanja, the Deputy Director overseeing the Agriculture Credit Facility at the Bank of Uganda (BOU), sheds light on how BOU has played a pivotal role in enhancing agriculture through the Seeds of Gold initiative. Discover the insights and strategies that are transforming the agricultural landscape! #NTVNews #NTVTonight # ...

Today Gold Rate in Uganda 24 22 Karat gold price update today in Uganda

#NTVSeedsOfGold Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Connect with us on Messenger via m.me/NTVUganda Contact us: CustomerCareUg@ug.nationmedia.com

Join us on a captivating numismatic journey as we delve into the history and significance of the Uganda 500 Shilling 2008 coin. In this video, we will closely examine the design, features, and historical context behind this intriguing piece of currency. The 500 Shilling coin from Uganda not only serves as a symbol of the nation's rich heritage ...

Discover the details of the 2021 Bank of Uganda golden coin showcasing unique inscriptions. Perfect for collectors and enthusiasts! #Uganda #CollectibleCoins #GoldCoins Partrick(@part0077). original sound - together always

EPISODE SIX: (Uganda🇺🇬) How to get GOLD out of Gold mines in Africa! 🇺🇬 (Fearless Nomadiker in Uganda) My UPI: harshitr81@fifederal ♦️ INSTAGRAM : https://www.instagram.com/fearlessnomadiker ♦️ FACEBOOK : https://www.facebook.com/pphotophactory?mibextid=LQQJ4d ...

In October last year, the Bank of Uganda reported that Gold had officially become Uganda’s second biggest export just below coffee. The news raised eyebrows especially in the murky trade dominated by shadowy firms. In this Investigative story, Raymond Mujuni unravels artisanal gold mining and its trade in the country. Subscribe to Our Channel ...

The Bank of Uganda announced on January 6 that it will now hold its monetary policy meetings quarterly, reducing the frequency from every two months. For 2024, meetings are scheduled for February, May, August, and November. In a statement seen by NTV Business, the central bank explained that this change allows the monetary policy committee to ...

Central Bank officials have told the parliamentary oversight committee (COSASE) that the more than 60 billion shillings that went missing from their accounts were not caused by hackers, but rather they received a faulty order from the finance ministry. The committee was surprised at how these officials admitted that taxpayer money had gone to ...

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The new leadership of the Bank of Uganda is urging the government to implement policies that will make it easier for Ugandans to conduct business, thereby fostering greater economic growth. The governors called for a reduction in the government’s reliance on local borrowing, which they argue creates competition for credit with local investors ...

Bank of Uganda has emerged the overall winner of the 2024 Annual Bankers Sports Gala finals held at Kyambogo University, followed by DFCU Bank , with last years’ overall winner Equity Bank coming in the third position. A total of 29 Banks and Financial Institutions participated in this year’s gala, organized by the Uganda Institute of ...

On Thursday, the Finance Minister, Matia Kasaija, presented the budget for the financial year 2023/24, amounting to UGX 52.7 trillion. Kasaija highlighted that UGX 22 billion has been allocated for the settlement of outstanding arrears owed to medical interns and senior house officers. Meanwhile, the public debt stock is projected to rise to 89 ...

BANK OF UGANDA 2019 500 Shillings Coin VALUE + REVIEW. UGANDA 500 Shillings 2019 Coin Worth? Comment below if you have a Uganda 500 Shillings Coin. Thanks for Watching, please like and subscribe for more Daily coin videos. Thanks again Dans Dollars.

The treasury bills and bonds; what are they? New Vision TV offers analyzed news content on trending stories in Uganda, be it politics, business, and the day today life This is broadcast in various shows such as The daily News bulletin, the hourly news updates, the business show called The Handshake and Music News show. Since Uganda is known as ...

“It is nice to see extra income come to your account.” Sophie Achak, Investor Relations at SHUL started her investment journey with only UGX 500,000 and she has gone to expand her investment portfolio. Here is her journey. You too can start today. Call 0312 224965 or email sbgstrading@standardbank.com to guide you further.

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Paul Sefa Badu, Head of Wealth and Retail Banking at Standard Chartered Uganda, delivered a speech at the 2024 Digital & Financial Inclusion Summit, emphasizing the transformative role of digital banking in fostering economic growth in Uganda. He highlighted how digital banking empowers SMEs, enhances financial inclusion for underserved ...

I was asked what to do with a saving of one million Ugandan shillings. It’s good to know that there are young people who have understood the importance of the saving culture and the significance of investing. Saving is important to plan for success in the future. You cannot invest if you have not saved. When you have one million Ugandan ...