As the entire financial services sector waits to know, who will be the next Bank of Uganda Deputy Governor or if Dr. Louis Kasekende, the incumbent will have his term…
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Former Crane Bank Chairman and Vice Chairman appearing before Katuntu’s COSASE early this year. The Crane Bank directors contested the UGX478.8 billion the central bank claims it injected into resuscitating…
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“I met her today; the Speaker disagrees with what’s going on and she has said she is going to write officially and stop him (Munyagwa). She said, under the law,…
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…
An organisation calling itself the Uganda Poor Youth Movement, has petitioned President Yoweri Museveni to relieve Mrs Irene Mulyagonja Kakooza, of her duties over what they called “failure to fulfil…
In what is perhaps Bank of Uganda’s first response to parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) report that implicated the central Bank and several of its…
The Auditor General (AG) Mr John F.S Muwanga, has declined to consider documents from Bank of Uganda that could hold clues to how UGX270bn out of the UGX478.8bn that was allegedly used to recapitalise the defunct Crane Bank was used, because they were submitted late. According to a leaked letter from the office of the Auditor General, that this news…
Even before the dust settles over revelations that disgraced former BoU Executive Director, Mrs Justine Bagyenda literally vended and in the words of Parliam Even before the dust settles over…
After months of waiting, the Inspectorate of Government report on the incomes, assets and liabilities of the sacked former BoU Executive Director in Charge of Commercial Bank Supervision, is ready,…
