Kampala, Uganda | THE INDEPENDENT | Practitioners in the banking and financial services industry have been urged to maintain their ethics amid the current slowdown in economic activity, the Executive Director for Supervision at the Bank of Uganda – Dr Twinemanzi Tumubweine – has said. While addressing bankers during …
Read More »BOU concerned about delays in financial sector amendments
Kampala, Uganda | THE INDEPENDENT | The Central Bank is seeking the intervention of Parliament to ensure that regulations regarding governance and supervision of the financial sector are given urgent attention. The bank officials made the proposal while meeting MPs from different committees of parliament on Friday. Led by Deputy …
Read More »Rukiga District mourns former Privatization Minister Manzi Tumubweine
Kampala, Uganda | THE INDEPENDENT | Manzi Tumubweine, the former Rukiga County Member of Parliament and Minister of State for Privatization has died. Tumubweine succumbed to Covid-19 on Saturday night at around 10:00 PM at Case Clinic in Kampala where he has been admitted. His death was confirmed by the …
Read More »Uganda improves in the Absa index
But it must promote exports, manage debt and collect more tax Kampala, Uganda | JULIUS BUSINGE | The 2019 Absa Africa Financial Market Index Report for Uganda released on Jan.28 in Kampala has some good news. The index, which evaluates financial market development in 20 countries, shows that Uganda remains …
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