Government AgenciesParliament

Reforms before recapitalisation: 4 reasons why MPs should not allow the recapitalisation of BoU yet

by Muhereza Kyamutetera 0
Former BoU Executive Director, supervision Mrs Justine Bagyenda (left) and Deputy Governor, Louis Kasekende. The duo were severally named by COSASE for their role in the bandle closure and sale of seven (7) commercial banks
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Only a fool does things the same way but expects different results. There’s been a raging debate in parliament and in the media regarding the recapitalisation of Bank of Uganda. According to Ministry of Finance requests to parliament, BoU is in need of at least UGX474 billion for recapitalisation, which according to BoU officials and Keith Muhakanizi, the Finance Ministry Permanent Secret

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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