Prof Tumusiime Emmanuel Mutebile Archives

FINITO: BoU case against Dr. Sudhir Ruparelia suffers its worst defeat as Supreme Court declares move to liquidate Crane Bank (In Receivership) illegal

The CEO Magazine TeamNews & Analysis The Big StoryOctober 4, 2021October 4, 2021

Just weeks after Bank of Uganda withdrew its UGX397 billion Supreme Court case against Dr. Sudhir Ruparelia and his Meera Investments Limited, today the Supreme Court handed the central bank,…

Bank of Uganda cuts CBR to a record lowest 8% over Covid-19

Muhereza KyamuteteraBanking & Financial Services The Big StoryApril 6, 2020April 6, 2020

Bank of Uganda (BoU) has today, April 6th, 2020, in the April 2020 Monetary Policy Committee (MPC) meeting reduced the Central Bank Rate (CBR) by 1 percentage point to 8…

Gov’t refutes missing money allegations at BoU but confirms currency related scandal

Muhereza KyamuteteraPolitics & Goverment The Big StoryJune 15, 2019June 15, 2019

Government has refuted claims that any money is missing at Bank of Uganda but confirmed an investigation is going on to establish how illegitimate cargo, found itself on a chattered…