Bank of Uganda Reforms

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.

Speaker, Rebecca Kadaga asks Finance Minister to explain why it is taking long to appoint Kasekende’s replacement at BoU

The Speaker of Parliament Rt. Hon Rebecca Kadaga has summoned the minister of Finance Matia Kasaijja to appear before Parliament, next week on Thursday to update parliament on when a new Deputy
Hon Paul Mwiru (MP, Jinja Municipality East); he together with Hon Michael Mawanda (MP, Igara East) said they were in the process of drafting a private member’s bill seeking to amend the Bank of Uganda Act so as to effect various recommendations to reform the central bank by the Parliamentary Public Accounts Committee on Statutory Authorities and State Enterprises (PAC-COSASE)

MPs to move bill to trim Central Bank powers

Two members of Parliament are in the process of drafting a private member’s bill seeking to amend the Bank of Uganda Act so as to streamline governance at the central Bank. Michael

 

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