The Uganda shilling clawed back some ground in thin trade with the money markets awash with liquidity. The home unit held steady in the range of 3,680/3,700. In the fixed…
Despite having chaired a meeting that resolved that Bank of Uganda should await a Supreme Court’s decision on the transition of Crane Bank Limited from receivership to liquidation, the Deputy…
Prior to 2017 and for a long time, everyone knew Bank of Uganda Governor, Prof. Emmanuel Tumusiime Mutebile as a no-nonsense man. The tough-talking Mutebile, together with her iron-lady Executive…
Attempts by Bank of Uganda to liquidate Crane Bank are illegal and could cost taxpayers more money, should it go ahead, several lawyers that CEO East Africa magazine has spoken…
The home unit (Uganda Shilling) was kept on the edge, mildly dropping, knocked by sustained demand against lacklustre flows. Out turn was also in line with market expectation that the…
The National Social Security Fund (NSSF) has won the Gold Award at the 10th edition of the Financial Reporting (FiRe) Awards, beating 84 organisations which submitted their 2019 financial reports…
The Uganda shilling was on the back foot as demand mostly from merchandise importers surged mid-week and drove the local unit to test record lows of 3730/50. In the fixed…
The local currency hit pockets of volatility in early trade but price action became less intense towards the end of week as demand subsided. Mid-month tax payments did little to…
Professor Emmanuel Tumusiime Mutebile, the Governor, Bank of Uganda has unequivocally said that foreign financial institutions that do not use locally-raised deposits to lend to Ugandan entities do not require…
By Joseph O. Okuja There’s a lot of discussion around the merits and implications of the judgement in the HAM vs DTB case. I have had the benefit of reading…
