Bank of Uganda has kickstarted a process to increase capital buffers for Commercial Banks, Credit Institutions and Micro-Deposit Taking Institutions, a move it says is both timely and long overdue.CEO…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Members of Parliament, sitting on the Legal and Parliamentary Affairs Committee have insisted the Governor and Deputy Governor of Bank of Uganda cannot also coccupy the offices of Chairman and…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Attempts by Bank of Uganda to liquidate Crane Bank are illegal and could cost taxpayers more money, should it go ahead, several lawyers that CEO East Africa magazine has spoken…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Professor Emmanuel Tumusiime Mutebile, the Governor, Bank of Uganda has unequivocally said that foreign financial institutions that do not use locally-raised deposits to lend to Ugandan entities do not require…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
“Prof. Mutebile extolled Standard Chartered Bank for the achievement and counseled other commercial banks to follow suit.” The Governor Bank of Uganda (BoU), Prof. Emmanuel Tumusiime-Mutebile, has given an award…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The majority of the senior staff members interviewed by the committee said there were factions or cliques in the Bank polarized around the positions of the Governor and the Deputy…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Oberthur Fiduciaire, the French currency printer contracted by BoU to print and deliver an unspecified amount of Uganda Shilling banknotes to Uganda, has denied any wrong in the ongoing scandal…
Members of Parliament have opposed a move by the new Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) chairman, Hon Mubarak Munyagwa to open fresh inquiries into the…
The Speaker of Parliament, Rt Hon. Rebecca Alitwala Kadaga has implored the executive arm of government to expedite bills to reform several aspects governing the banking industry and the running…
Efforts by the sacked Bank of Uganda former Executive Director of Supervision, Justine Bagyenda to have the Inspectorate of Government quash Governor Tumusiime Mutebile’s decision to dismiss her have hit…
