BoU warns against ‘money bouquets’ ahead of Valentine’s Day

As Valentine’s Day approaches, the Bank of Uganda (BoU) has issued a stern warning against the popular trend of “money bouquets” and other decorative cash gifts, saying that mutilating or defacing banknotes is illegal. BoU cautioned the public, florists, and gifting businesses against gluing, stapling, or pinning Shilling notes in bouquets, cakes, or other creative…

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Gen Muhoozi launches Shs1bn MK Fund to support youth projects

The Chief of Defence Forces (CDF), Gen Muhoozi Kainerugaba, has launched a Shs1 billion initiative dubbed the MK Fund, aimed at supporting youth-led wealth creation projects in Uganda. The announcement, made through a series of posts on X (formerly Twitter), has generated widespread discussion, with supporters praising it as a timely intervention for young entrepreneurs,…

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