As the rest of Uganda chokes on expensive credit, with commercial bank lending rates hovering between 18 and 20 percent, staff at the Bank of Uganda (BoU) are enjoying the…
Bank of Uganda has kickstarted a process to increase capital buffers for Commercial Banks, Credit Institutions and Micro-Deposit Taking Institutions, a move it says is both timely and long overdue….
Members of Parliament, sitting on the Legal and Parliamentary Affairs Committee have insisted the Governor and Deputy Governor of Bank of Uganda cannot also coccupy the offices of Chairman and…
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…
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…
“Prof. Mutebile extolled Standard Chartered Bank for the achievement and counseled other commercial banks to follow suit.” The Governor Bank of Uganda (BoU), Prof. Emmanuel Tumusiime-Mutebile, has given an award…
A committee appointed by President Yoweri Museveni to study several complaints made to the Inspectorate of Government and Parliament about Bank of Uganda, has recommended “urgent and comprehensive review” of…
Oberthur Fiduciaire, the French currency printer contracted by BoU to print and deliver an unspecified amount of Uganda Shilling banknotes to Uganda, has denied any wrong in the ongoing scandal…
Members of Parliament have opposed a move by the new Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) chairman, Hon Mubarak Munyagwa to open fresh inquiries into the…
The Speaker of Parliament, Rt Hon. Rebecca Alitwala Kadaga has implored the executive arm of government to expedite bills to reform several aspects governing the banking industry and the running…
