Tag Archives: BOU

Kampala, Uganda | THE INDEPENDENT | The Chief Executive Officer of the Insurance Regulatory Authority has vehemently opposed government proposal to merge it with Bank of Uganda. Ibrahim Lubega Kaddunabbi says while the idea of rationalizing government agencies is not bad, the method was wrong citing lack of consultation as an …

Why former BoU supervision director defied parliamentary probe Kampala, Uganda | HAGGAI MATSIKO | A sitting of the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) which is probing Bank of Uganda’s dissolution of seven commercial over 23 years turned dramatic on Nov.20 when central bank officials contradicted …

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda says that it is ready to defend the termination of the contracts of former employees of Crane Bank. Last month, 400 former employees of Crane Bank through their lawyer Isaac Ssemakadde wrote a statutory notice to Bank of Uganda demanding 120 …

    Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE INDEPENDENT. COVER STORY Justine Bagyenda: Why former BoU supervision director defied parliamentary probe THE LAST WORD Uganda’s performance paradox: How Museveni behaves like his critics in undermining the credibility of his own government. NEWS ANALYSIS …

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 …

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, …

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, …

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 …

  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 …

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 …