Overview:

On Monday, February 20, the central bank published a bid notice, announcing the disposal of assets, that included Plot 7-9 Elizabeth Avenue Kololo Kampala and Plot 41 Kampala Road Masaka.

KAMPALA —The Bank of Uganda has dismissed circulating reports —putting on sale, two of its prime properties, including Governor’s Residence at Plot 7-9 Elizabeth Avenue Kololo, Kampala City.

“Governor’s House is not on sale,” reads the title of the statement shared by Central Bank.

“The Bank of Uganda (BoU) has learnt of the misinformation about the purported sale of the Governor’s residence, which is circulating electronically among the public,” the statement reads, adding:

“This is to notify the public that BoU is not selling the residence of the Governor.”

“BoU appeals to the public to disregard the misinformation about the governor’s residence circulating electronically.”

On Monday, February 20, the central bank published a bid notice, announcing the disposal of assets, that included Plot 7-9 Elizabeth Avenue Kololo Kampala and Plot 41 Kampala Road Masaka.

According to the statement, the asset that is being disposed of in Kololo is an empty plot of land and it’s not the Governor’s residence.

“BoU invited bidders to inspect these assets in the period February 22, 2023, to March 14, 2023,” reads the statement.