Emmanuel Tumusiime-Mutebile

Bank of Uganda Governor Emmanuel Tumusiime says financial institutions are free to decided on credit relief for their customers. Courtesy photo

Bank of Uganda issues licences to payment service providers Airtel Mobile Commerce Uganda Limited and MTN Mobile Money Uganda Limited

Bank of Uganda has commenced licensing of payment system operators, payment service providers and issuers of payment instruments. Payment service providers – also known as merchant service providers or PSPs – are
May 24, 2021
Following a lengthy court process that exposed both the incompetence of the legal team at the central bank and the massive flaws within its regulatory practices especially in the way several banks were taken over, closed and sold, under Mutebile’s watch or lack thereof, the central bank’s much publicised case against the billionaire businessman has crumbled like a pack of cards. It remains to be seen how much more the central bank will lose in terms of legal costs.

Bank of Uganda Governor on Commercial Court Ruling against DTB: We are committed to ensuring a resilient, sound and stable financial sector

Bank of Uganda governor Emmanuel Tumusiime-Mutebile has come out about the Wednesday judgement in which Diamond Trust Bank was ordered to pay businessman Ham Kiggundu UGX130 billion. “Bank of Uganda (BoU) has
October 9, 2020

 

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