All posts tagged "Bank of Uganda"
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778FinanceBoU 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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974TechnologyFintech 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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1.3KBig 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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980Big 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...
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1.1KBig 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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1.7KBusinessDjibouti’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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1.8KBusinessXente 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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783FeaturedSupreme 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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1.2KBig 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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1.2KBig 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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1.1KBig 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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1.5KBig 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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1.4KBusinessMobile 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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1.0KBig 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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481Big 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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1.6KBig 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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2.2KBusinessBank 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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1.3KFeatured
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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820Big 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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1.3KBig Story
Andrew 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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1.1KBusinessOP-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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828Big 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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1.7KBig 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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1.0KBig 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...
