All posts tagged "Bank of Uganda"
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853Big StoryBIG PROFILES: Here is the list of KAA Lawyers who tactfully dislodged Central Bank in the BoU-Crane Bank Saga
Emerging triumphant in any court case is a formidable task, and it depends on the quality of the legal team one employs....
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1.3KBusinessDjibouti’s Salaam African Bank acquires Top Finance Bank
Djibouti-based banking institution, Salaam African Bank (SAB), has acquired Uganda’s Top Finance Bank Limited (TFB) in expansion drive to the East African...
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1.6KBusinessXente Tech acquires BoU Payment Systems Operator license
With the license, businesses and their teams are now able to use Xente platform to make simple payments to teams, suppliers and...
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609FeaturedSupreme Court Issues Decree to Helpless BoU over pending costs to Sudhir, Meera in Crane Bank Saga
The Supreme Court of Uganda last month issued an official decree directing Bank of Uganda to pay costs to businessman Sudhir Ruparelia...
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979Big StoryIs Tycoon Sudhir’s victory against BoU in Crane Bank Saga a game changer?
The controversy between Crane Bank and Bank of Uganda seems to be coming to an end after businessman Sudhir Ruparelia secured an...
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1.1KBig StoryEXCLUSIVE: How Kasekende’s Uncontrolled Desire To Replace Mutebile As BoU Governor Led To His Own Downfall
How did Dr. Louis Kasekende, a man who was well on track to become a Governor end up spending the last 3...
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941Big StoryREWIND: How Sudhir Ruparelia’s Crane Bank Was Shattered By Greedy BoU Mafias, Later Revived By Supreme Court
In the year 2007, Crane Bank Limited announced that it was planning to expand into the neighboring countries and yes this dream...
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1.3KBig StorySupreme Court Rules: BOU must return Sudhir’s Crane Bank, pay dispute costs
The justices reasoned with the Court of Appeal that management of Crane Bank be returned to the shareholders including Sudhir Ruparelia and...
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1.2KBusinessMobile money transactions hit Shs 145trillion
This comes amidst growing concerns from the public over the safety of mobile banking and transfer systems, with reports of theft by...
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853Big Story
What Next For Sudhir & Staggering BoU, Two Months after Landmark Ruling in Crane Bank case
The decision by the Supreme Court of Uganda that Crane Bank Ltd reverts to owners Sudhir Ruparelia and co-shareholders raised public excitement,...
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422Big StoryEmbattled Dfcu Bank registers 45% fall in profits as shareholders get zero dividends
The DFCU Bank could be headed for a hostile takeover after registering the worst performance last year after the Board earlier this...
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1.2KBig StoryBIG STORY: Why African Banknotes Are Printed in Europe
Only a handful of African countries, like Nigeria, South Africa, Morocco, and Kenya have enough resources to print their own currencies or...
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2.0KBusinessBank of Uganda goes mobile to increase trade in govt bonds
On offshore indices, investment advisors say that they help in tracking and measuring the total return of emerging markets bonds that meet...
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1.1KFeatured
ANALYSIS: Legal consequences BoU face after losing to Sudhir in the Multibillion Crane Bank Saga
An analysis by Cymbell Advocate, a commercial law firm in Kampala, questions the Bank of Uganda on the consequences of the lost...
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632Big StoryAfter losing out to Sudhir in Crane Bank Saga, BoU again dragged to court over liquidation of Greenland Bank
With just weeks since losing out to Tycoon Sudhir Ruparelia in a multibillion case involving the fraudulent sale of Crane Bank, the...
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1.0KBig StoryAndrew Mwenda: Sudhir’s Court Victory in Crane Bank Saga Exposes BoU as Most Fraudulent Institution in the World
BY ANDREW M. MWENDA On February 11, businessman Sudhir Ruparelia won yet another victory in the Supreme Court against Bank of Uganda...
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868BusinessOP-ED: Uganda should celebrate Sudhir’s victory against BoU & Reopen Crane Bank in partnership with govt
Government is right to partner with local businessman Sudhir Ruparelia to build an ultra-modern conference facility for holding top-notch meetings, such as...
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627Big Story
Did IMF adviser mislead BoU on Crane Bank?
The Supreme Court has demonstrated that it still cares about Article 1 of our tattered Constitution. The clause says “all power belongs...
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1.4KBig Story
More drama ensues as Crane Bank takeover fight rages on despite Supreme Court ruling
The Supreme Court justices in their unanimous decision held that it was BoU that was behind the Shs397bn commercial litigation against the...
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815Big StoryTycoon Sudhir Demands Sh200bn after Slaughtering Central Bank in BOU-Crane Bank Case
Bank of Uganda (BoU) battle with East Africa’s heavily loaded Tycoon Sudhir Ruparelia must be a lesson to every one that ‘only...
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1.4KBig Story
Bank of Uganda finally opens up on supreme court defeat in Crane Bank landmark case
Reacting to the ruling through their official Twitter handle, BoU stated that is still maintaining to pursue one of the grounds to...
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782Big StoryBank Of Uganda Injured My Reputation, They Must Pay – Sudhir roars
The Supreme Court on Friday last week dismissed, with costs to the respondents, an appeal by Bank of Uganda against businessman Dr....
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1.1KBig StoryBOU-CRANE BANK SAGA: Supreme Court confirms top BoU Officials swindled Shs397bn in Bank Sale
The BoU officials still cannot believe that the Supreme Court has sided with the lower courts that the central bank pays the...
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894Big Story
How Fraudulent closure of commercial banks ruined Kasekende’s chances of becoming new BOU Governor
KAMPALA, UGANDA: Former Bank of Uganda (BoU) Deputy Governor Dr. Louis Kasekende will now have no chance of succeeding his former boss,...
