Arua, Uganda | THE INDEPENDENT | The central bank has cautioned the public against borrowing from unregulated bodies. Balaam Ssempala, the Deputy Director Deposit Protection Unit in the Central Bank says that in the event of liquidation or closure of such unregulated institutions, the depositor stands a high risk of …
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Museveni meets Mutebile Behind the scenes efforts to save Kasekende, Mutebile Kampala, Uganda | HAGGAI MATSIKO | What would you say if you saw President Yoweri Museveni and embattled Bank of Uganda Governor Tumusiime Mutebile in a meeting at this time? What if that meeting, which in fact happened last week, …
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Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE INDEPENDENT. COVER STORY Fixing Bank of Uganda: Museveni meets Mutebile THE LAST WORD Bobi Wine’s Kyarenga concert: Why Uganda (like other African countries) keeps rotating around the same roundabout INVESTIGATION Behind the scenes efforts to save Kasekende, …
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BOU: Leaked documents raise concerns about the central bank Kampala, Uganda | HAGGAI MATSIKO | Fear of heads rolling at BoU has intensified ever since it was confirmed that the Inspector General of Government (IGG) was looking into the accounts of top officials of the central bank, including the Governor Tumusiime …
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Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent. Features, news analysis. COVER STORY Can Museveni kick Mutebile, Kasekende out of BoU?: Leaked documents raise concerns about central bank THE LAST WORD Chasing the wind: Why the belief that Ugandans are angry because youth …
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BoU says it’s not responsible for secrecy of customers’ information Kampala, Uganda | ISAAC KHISA | Privacy of customer data is the bedrock of the banking sector around the world but for a section of Uganda’s commercial banks, this code seems to be slowly eroding— posing a big risk to the industry …
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Kampala, Uganda | HAGGAI MATSIKO | On Aug.3, at exactly 8:45am, Central Bank Governor, Emmanuel Tumusiime Mutebile arrived at the Finance Ministry, where he had been summoned for a meeting at exactly 9:00am. Finance Minister, Matia Kasaija, had asked him to come and explain why his team had criticized the mobile …
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Links with recent uproar over Bagyenda, dfcu Kampala, Uganda | HAGGAI MATSIKO | Gen. Caleb Akandwanaho aka Salim Saleh is urgently seeking to sort out the Crane Bank, BoU, and dfcu Bank saga, The Independent has learnt. Sources close to the General who is the de facto Number Two in his …
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Kampala, Uganda | THE INDEPENDENT | Bank of Uganda Governor Emmanuel Tumusiime Mutebile has handed Standard Chartered (StanChart) Bank an award for emerging the Best Performing Commercial Bank in government securities for the month of May 2018. The award was handed out after the BOU governor’s monthly meeting with the …
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BOU GOV RACE: IMF’s Ating Ego, Kasekende, Muhakanizi, Kiiza in race Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni is looking to replace his long-serving Bank of Uganda Governor, Emmanuel Tumusiime Mutebile. The Independent can exclusively report that Mutebile’s replacement is likely to be a totally unexpected choice. Highly placed …
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