SINKHOLE? Of BoU’s UGX2 trillion losses and why MPs want the central bank’s excessive independence curbed BoU in the last 15 years has made losses of UGX2 trillion (USD545 million). In FY2018/19 alone, according to its annual report, the bank reported a loss of UGX859.2 billion. In FY2020/21 government plans to inject another UGX481.7bn bringing the total amount of capital to UGX1.6 trillion.