Uganda’s Central Bank has announced that it will lower cheque value limits for all transactions by cheque in the country ostensibly to encourage e-payments. FILE PHOTO | MORGAN MBABAZI
Uganda’s Central Bank has announced that it will lower cheque value limits for all transactions by cheque in the country ostensibly to encourage e-payments.
According to a statement from the bank signed by Governor Emmanuel Mutebile, the new rates will take effect on January 15, 2022.
