Bank of Uganda faces scrutiny after cancelling the National Payments Switch tender, raising concerns over transparency, influence peddling, and procurement integrity. Allegations of favoritism and government interference spark debate on fair competition and financial sector governance in Uganda.

Bank of Uganda has released the list of 18 shortlisted external audit firms that will audit supervised financial institutions in 2023. Section 62 (1) of the Financial Institutions Act (FIA) 2004…

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