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…
Law No. 1 of 48 laws of power: Never outshine the master! Make your masters appear more brilliant than they are and you will attain the heights of power. When it comes…
Report of the Presidential Tripartite Committee Dr Louis Kasekende, the former Bank of Uganda Deputy Governor, served Bank of Uganda for about 28 years and 13 of those as Deputy…
As the entire financial services sector waits to know, who will be the next Bank of Uganda Deputy Governor or if Dr. Louis Kasekende, the incumbent will have his term…
Dr. Louis Kasekende, the Bank of Uganda Deputy Governor whose contract has a few days to expire has spoken out for the first time, saying that he is serving his…
According to a source at the Uganda Securities Exchange (USE), IFU reportedly paid UGX645 per share, meaning they paid UGX48.1 billion for the 74,580,276 shares. The deal values dfcu at UGX482.5 billion.
Reference is made to a story we wrote earlier today (but has since been taken down) titled: CONFLICT OF INTEREST: BoU board breaks own rules; fails to fire 12 staff…
Absa Bank Uganda, a subsidiary of Absa Group Limited has today received the license to operateand trade under its new name from Bank of Uganda. Formerly known as Barclays Bank…
Post Bank Uganda Limited has appointed Mr Julius Kakeeto as the bank’s new Managing Director. He replaces Stephen Mukweli who has served in this role for the last 15 years….
Opportunity Bank Uganda Limited (OBUL) on 25th September 2019 was awarded a Commercial Banking license by Bank of Uganda, becoming Uganda’s 26th Commercial Bank. This follows a lengthy vetting process…
