All posts tagged "Bank of Uganda"
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408Big StoryParliament questions lack of substantial BoU Governor after nearly three years
Kampala, (UG):- Members of Parliament on the Committee of Commissions, Statutory Authorities, and State Enterprises (COSASE) have raised serious concerns over the...
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582NewsShs60bn Scandal: Bank of Uganda says it was instructed to pay ‘fraudsters’, $8 million recovered
Kampala, (UG):- The Central Bank of Uganda has clarified its role in the recent fraudulent transaction through which UGX 60 billion in...
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1.5KBig StoryHow ‘hackers’ stole Shs60bn from BoU in seconds as Museveni orders probe into alarming scandal
Kampala, (UG):- Uganda’s Central Bank (Bank of Uganda) Wednesday said it was “waiting” for a police probe report on an alleged hacking...
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1.1KCourtEx-Bank of Uganda boss handed three-year jail term over theft of old banknotes
Kampala, (UG):- The former Head of Verification at the Bank of Uganda (BoU) Mr Charles Kasede Ochieng has been sentenced to serve...
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720Big Story
Bank of Uganda says high staff turnover undermines stability of banking sector
Kampala, (UG):- Bank of Uganda (BoU) has revealed that the high staff turnover in some supervised financial institutions remained a key challenge...
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541Big StoryBoU shuts down EFC Uganda Limited, Here’s why!
Kampala, (UG): The Central Bank of Uganda has announced that it has shut down operations of EFC Uganda Limited, a microfinance company...
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878Big StoryCrane Bank saga: dfcu Bank handed big blow as Lands Ministry cancels 48 land titles
Kampala, (UG): Following an October 24 High Court ruling that dfcu Bank illegally transferred to itself 48 properties belonging to Meera Investments...
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1.9KBig StoryBank of Uganda spent sh199bn on printing new currencies in 2022
Kampala, (UG): The 2022/2023 annual report by the Bank of Uganda has revealed that the Central Bank spent Shs199bn to print and...
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1.0KLatest News
Bank of Uganda warns Ugandans on investing in pyramid schemes
Kampala, (UG): The Central Bank of Uganda (BoU) has issued a statement cautioning the public against investment in pyramid schemes, barely a...
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812OP-EDISLAMIC BANKING: Congratulations to all Muslims and Ugandans upon this achievement
By Wasswa Omar Muhamad Thank you Parliament of Uganda, thank you Bank of Uganda, the Ministry of Finance, Planning and Economic Development...
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977Business
Bank of Uganda lowers CB rate for first time in 2 years
Kampala, (UG): The Bank of Uganda has lowered the Central Bank Rate (CBR) to 9.5 per cent, an indicator of its intention...
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1.2KNewsState House clarifies on Ossiya’s appointment to Bank of Uganda Board
The Deputy Presidential Press Secretary Mr Faruk Kirunda has dismissed as fake reports that President Museveni has appointed Ms Josephine Okui Okwakol...
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1.2KBig StoryMuseveni appoints CPA Josephine Ossiya to Bank of Uganda Board
President Museveni has reappointed experienced accountant CPA Josephine Okui Okwakol Ossiya to the Bank of Uganda (BoU) Board of Directors, DailyExpress has...
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1.4KNewsFormer BoU secretary, George William Nyeko dies at 68
Nyeko, 68, who retired from Bank of Uganda in March 2015, died on Saturday, June 3, 2023, at International Hospital Kampala.
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655ParliamentMPs grill BoU officials over Shs3tn unapproved loan to govt
According to Mr Atingi-Ego, Uganda’s central bank had agreed with government that the money is repaid within two financial years thus the...
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547News
Parliament Vets Four Bank of Uganda Board Nominees
The approved nominees will now await confirmation from the appointing authority before assuming their respective roles and the Committee said it will...
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924NewsBOU clarifies on currency notes bearing Deputy Governor’s signature
KAMPALA, UGANDA: The Bank of Uganda has clarified on the Deputy Governor’s signature on currency notes, allaying fears that the notes could...
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602FinanceUganda Shilling Romps Over Regional Peers, Dollar
According to the Ministry of Finance, Planning and Economic Development, the Ugandan shilling appreciated by 1.9 percent in December against the US...
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674Big StoryBank of Uganda moves to do fresh audit on Sudhir’s Crane Bank
According to an advert published in one of the local newspapers, BoU said it is now open to receiving bids from interested...
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793Big Story
Nine months later, Central Bank of Uganda operating with no governor
The delayed appointment of a substantive governor has attracted public criticism due to the inflationary pressures that have left the economy crippling...
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624Finance
BoU directs Banks to use National IDs in new loan applications
BoU's ED for Supervision Dr Twinemanzi said the move by the central bank is intended to promote financial inclusion and broaden credit...
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838TechnologyFintech numbers spike following new payments regulations
Some of the licensed fintechs are MTN Mobile Money, Airtel Money, Mcash, Micropay, Interswitch, Agent Banking Company and Wave Transfer Limited. Others...
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1.1KBig StoryFLASHBACK: A look back at When BoU Erroneously Took Over Crane Bank Before Fraudulently Selling it to DFCU Bank
The news of Bank of Uganda taking over management and closing down of Crane Bank Limited trekked into public spaces timidly in...
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776Big StoryEXCLUSIVE: How Tycoon Sudhir Ruparelia exposed rot in Bank Of Uganda and changed the Ugandan Banking Narrative
Bank of Uganda (BoU) had a torrid 2017 as the Crane Bank saga weighed on the country’s central bank. What began as...
