The Bank of Uganda (BoU) has come under intense scrutiny following its abrupt cancellation of the National Payments Switch (BNPS) procurement process. This move has raised significant concerns over transparency,…
Uganda has been a hotbed for cryptocurrency scams, largely due to the legal ambiguity surrounding the use of digital currencies. The country has had its fair share of crypto scams,…
43% of banks cited the rise of fintechs and challenger banks as the biggest threats to their business according to the third edition of the African Digital Banking Transformation Report…
The Constitutional Court has outlawed Section 118 and 124 of the Financial Institutions Act (2004) which previously gave the Bank of Uganda uncontrolled and unaccountable powers to freeze bank accounts…
News coming in from the President’s Office indicate that President Yoweri Kaguta Museveni has in line with Article 161(3) of the Constitution of the Republic of Uganda, reappointed Prof. Emmanuel…
During its 26th Annual General Meeting held virtually, on 30 July 2020, the Institute of Certified Public Accountants of Uganda (ICPAU) announced seven leaders (Council Members) that will serve for…
