Uganda: Investing in Government Securities Now Easier and More Accessible to the Public

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The Bank of Uganda (BoU) hereby announces that all licensed commercial banks can henceforth have direct access to the primary market for Government security operations.

This is according to a press release issued by the governor.

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The idea of an Association of African Central Banks was first introduced on May 25, 1963, at the Summit Conference of African Heads of State and Government held in Addis Ababa, Ethiopia. In this regard, African Heads of State and Government unanimously agreed to set up a preparatory Economic Committee to study a large range of monetary and financial issues, in collaboration with Governments and in consultation with the Economic Commission for Africa (ECA).

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