Bank of Uganda Losses

Bank of Uganda faces scrutiny after cancelling the National Payments Switch tender, raising concerns over transparency, influence peddling, and procurement integrity. Allegations of favoritism and government interference spark debate on fair competition and financial sector governance in Uganda.

SINKHOLE? Of BoU’s UGX2 trillion losses and why MPs want the central bank’s excessive independence curbed

A number of Members of Parliament sitting on the Budget Committee are against Government’s recapitalisation of the Central Bank unless the central bank explores other monetary policy tools beyond the trading in
February 21, 2020

 

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