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Mar 133 results
18:19
18:19

MPs Question BoU Operations without Deputy Governor bank of uganda 1 1 Top story

The Microfinance State Minister, Haruna Kasolo Kyeyune told Parliament that he has alerted the president on the matter and will respond soon. He also allayed the fears of the legislators, saying all is moving on well in the Central Bank.
20:05
20:05

MP Mawanda Secures Leave to Introduce BoU Amendment Bill bank of uganda 1 3

The Bill seeks to amend the Constitution following a resolution by Parliament on 28th February 2019 which sought to remove the Governor and the Deputy Governor from being chairperson and Deputy Chairperson respectively of the board of directors of the Central Bank.
16:01
16:01

BoU Amendment Bill In the Offing department 1 Top story

According to the Bank of Uganda act, the Central Bank Governor who is also the most senior officer in the bank also chairs the board of directors and deputized by the Deputy Governor. The other members are the Secretary to the Treasury and directors from different departments in the bank.
12:33
12:33

How SafeBoda’s Cashless e-Wallet is Changing Lives of Riders bank of uganda 6 1 Top story

Nicholas Kamanzi, a FinTech Lead at SafeBoda says Cashless is a SafeBoda wallet that allows riders to top each other but also to save with ease. He says unlike mobile money, cashless transactions are devoid of transaction fees which make it easy and better for the users to do business.
21:47
21:47

BoU Scandals Linked to Mutebile Succession-Katuntu bank of uganda 5 1 Top story

Katuntu, who chaired the Committee on Commissions Statutory Authorities and State Enterprise-COSASE, says there is a big fight between the Governor BoU, Emmanuel Mutebile Tumusiime and his Deputy, Louis Kasekende over his succession.
07:44
07:44

Parliament Demands Statement from Gov't on BoU Scam bou saga 1 2

The State Minister of finance in -charge of planning, David Bahati insisted that there was no extra cash printed. He asked the MPs to be patient and wait for the outcome of the investigations.
10:53
10:53

Kalangala District Stuck as Councilors Decline to Approve Budget district council 1 1

The Worker’s representative to council Frank Ssemakula told Uganda Radio Network that each councillor is demanding up to 4.4 million Shillings. The money covers payment for transport, lodging, meals and constituency monitoring earned at each council sitting and paid from Local revenue collections by the district.
18:44
18:44

BoU Tasked to Explain Irregular Procurements bank of uganda 2 1

The Committee on Commissions Statutory Authorities and State Enterprises (COSASE) queried irregular procurement worth 300 million Shillings of 350 branded pens worth 125 million Shillings, and a payment of 100 million Shillings to Kampala Serena Hotel. Also queried is an additional 64 million Shillings that was paid out for the hire of tents and chairs in 2016.
17:44
17:44

I Feel Vindicated over UCB Sale - Professor Suruma World Bank 3 1 Top story

Suruma, the Makerere University Chancellor was one of the few government officials that had tried to resist the World Bank/ International Monetary Fund call for privatization of UCB.
18:47
18:47

Uganda's Informal Trade Valued at UGX 1.9 Trillion bank of uganda 1

Uganda’s informal trade with the Democratic Republic of Congo remains the highest valued at USD 270 million (992 billion Shillings) followed by Kenya at USD 131 million (482 billion Shillings).
07:25
07:25

Katuntu Defends COSASE Report on Closed Banks president 1 4 Top story

Abdu Katuntu, the former COSASE chairperson, says they were hampered by limited time, absence of minutes from Bank of Uganda and an attempt by President, Yoweri Museveni to block the investigations.
21:41
21:41

MPs Punch Holes in COSASE Bank Probe Report member 8 1 Top story

The Ajuri County MP, Hamson Obua volunteered to name the officials who featured prominently during the investigations as some of the people responsible for the irregularities.
12:31
12:31

Kenyan firm Joins Uganda's Pension Sector nssf 1

Unlike National Social Security Fund, Enwealth says it will target Small and Medium Enterprise market in Uganda.The firm has targeted the SME market in 12 other countries in Africa.
16:34
16:34

Commercial Banks Embrace Agency Banking For Financial Inclusion stanbic bank uganda 1 2

Uganda Bankers Association Chairperson, Patrick Mweheire says Agency Banking is delivering financial services to the underserved and unbanked population in the country.
15:09
15:09

COSASE Orders Withdrawal of Bagyenda's BOU Car bank of uganda 3 1

Justine Bagyenda the former Executive Director in charge of Bank Supervision at Bank of Uganda BOU has been using Government vehicle and security since she retired in July 2018.
12:51
12:51

Kigezi High School in UGX 800 million Debt secondary school 5 1

Alfred Kabuchu, the Chairperson Kigezi High School Old Students Association-KHOSA, says due to lack of financial capacity, the school has failed to rehabilitate dormitories and lavatories, which are dilapidated.
15:52
15:52

BoU Security Officer Granted Bail neglect of duty

Beatrice Kyambadde was granted a cash bail of 500,000 shillings and her sureties each bonded at 5 million non-cash by Grade One Magistrate Patrick Talisuna.
17:16
17:16

IGG: BoU Probe Exposes Poor Governance Practices bank of uganda 1 3

Justice Mulyagonja says that failure to enforce good governance practices enabled corrupt officials at Central Bank to engage in corrupt tendencies. She stressed the need to increase accountability for governance in the fight against corruption.
07:35
07:35

BoU Ready for Defense in Former Crane Bank Employees Suit bank of uganda 1

In a letter signed by the Governor Bank of Uganda, Emmanuel Tumusiime Mutebile to the lawyers of former employees, the contracts were terminated in line with the law and the bank is ready to defend itself in court.
09:50
09:50

President Museveni Pledges Direct Funding to Microfinance Institutions bank of uganda 1 2

President Museveni observed that such microfinance institutions have not been able to perform up to their expectations because they borrow from commercial banks at high-interest rates.
Mar 133 results