Posted inBanking

BoU refutes reports of planned takeover of dormant bank accounts

The Government of Uganda has no intention of taking over or taxing unclaimed balances in bank accounts or mobile money accounts, officials have said. Bank of Uganda Governor Emmanuel Tumusiime-Mutebile and Finance minister Matia Kasaija, in a joint statement issued on Wednesday, 22 September 2021, described as misleading media reports purporting that Government will do […]