By Isaac Senabulya on June 27, 2018
Bank of Uganda, Financial Sector Deepening Uganda, Kampala Serena Hotel, Louis Kasekende
Business & Economics, Business & Finance, Business news, Featured, Finance, Latest Uganda News
Financial Institutions have been encouraged to develop innovative ways of delivering financial services to more Ugandans. The call has been made by the deputy Governor Bank of Uganda Louis Kasekende while launching the Finscope 2018 Financial inclusion Survey at Kampala Serena Hotel. The survey showed that 22% of the country’s adult population is still financially excluded with […]
By Isaac Senabulya on April 9, 2018
Bank of Uganda, governor bank of Uganda Prof. Tumusiime Mutebire
Business & Economics, Business & Finance, Business news, Finance
Bank of Uganda has acknowledged a more positive Economic growth outlook in Uganda than it was forecasted in the February monetary policy committee meeting. While releasing April monetary police statement today, the governor bank of Uganda Prof. Tumusiime Mutebire said that Uganda’s economic growth is projected to grow by 6.5% in the next three years. He said […]
By Isaac Senabulya on November 28, 2017
auditor general, Bank of Uganda, Crane Bank
Business & Finance
The Auditor General has started carrying out an in-depth audit over the bankruptcy of defunct banks taken over bank of uganda. This came after the parliamentary committee on commissions, statutory Authorities and state enterprises told the Auditor general to interest its self in carrying out a special audit in the processes of defunct bank take […]
By Gerald Businge on August 29, 2017
Bank of Uganda, committee chaired by Abdul Katuntu, Committee Commissions, Cooperative Bank, defunct banks, Emmanuel Tumusiime Mutebile, Global trust bank and National bank of commerce, Governor Bank of Uganda, Green land bank, International credit bank, Statutory Authorities and State Enterprises
Business news, Latest Uganda News
Members of Parliament sitting on the Committee Commissions, Statutory Authorities and State Enterprises have demanded liquidation and non-performing assets status reports of the defunct banks. The five defunct banks include Cooperative bank, Green land bank, International credit bank, Global trust bank and National bank of commerce. The committee chaired by Abdul Katuntu noted that although […]
By Isaac Senabulya on August 29, 2017
Abdul Katuntu, Bank of Uganda, Bugweri County MP, Emmanuel Tumusiime Mutebire, governor, Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises
Latest Uganda News
The Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises queried the expenditure of Bank of Uganda during this year’s 50 years celebrations. MPs while interfacing with the Bank of Uganda officials led by the Governor, Emmanuel Tumusiime Mutebire, said during the procurement of items and services for Bank of Uganda celebrations of 50 years there procurements […]
By Gerald Businge on August 11, 2017
Alternative Dispute Resolution mechanism, Bank of Uganda, Business tycoon Sudhir Ruparelia, Central Bank, city lawyer Harriet Magala from Kituuma Magala and company advocates, Commercial Court, Head of this Court Justice David Wangutusi, Vincent Emmy Mugabo
Latest Uganda News
The Commercial Court has given Bank of Uganda and Business tycoon Sudhir Ruparelia 60 days within which to amicably settle their differences, failure of which the case file will be forwarded to a Judge for hearing. On Tuesday this week, the Head of this Court Justice David Wangutusi appointed city lawyer Harriet Magala from Kituuma Magala and company […]
By Samuel Wamuttu on July 17, 2017
as well as RI director, Bank of Uganda, Desert Island Disc aTalkShow, International PolioPlus committee, Journalist Simon Kasyate, regional RI membership coordinator, regional Rotary foundation coordinator, RI representative to the United Nations Environment Programme and UN-Habitat, Rotary Foundation’s finance committee and a trustee of Rotary Foundation, Rotary International, Samuel Frobisher Owori, the Audit Committee, the Drug Abuse Prevention Task Force, the Secretary National Association of Trade Unions (NATU) in Uganda, Uganda Commercial Bank, united states of america, UsherWilson Owere
Africa, Latest Uganda News, People
Last Friday evening was one of the darkest days to the Ugandans and World of Rotary International following news of the death of the late Samuel Frobisher Owori, a Ugandan who was months away from becoming the second African to head one of the most successful humanitarian movements- Rotary International. Owori had on October 1, […]
By Isaac Senabulya on October 24, 2016
Bank of Uganda, Bank of Uganda last week took over the management of crane Bank, Central Bank will continue with the bank’s management and has asked the staff to corporate so as to have the Bank continue running normally under new management., Governor of the Central Bank, the central Bank revoked section 87-1 and 88-1 of the financial institutions act 2004 to take the decision, Tumusiime Mutebile also suspended the Board of directors of crane Bank, tycoon Sudhir Ruparelia
Latest Uganda News
Bank of Uganda last week took over the management of crane Bank amidst confusion on who actually is in charge of the embattled financial institution owned by tycoon Sudhir Ruparelia. Earlier during the week, Bank of Uganda had assured the public that nothing was wrong at the Bank which is famous for winning international excellence […]
By Isaac Senabulya on October 24, 2016
annual headline and core inflation declined to 4.1% and 4.2% in September respectively from 4.8% and 5% in august prompting bank of Uganda to lower central bank rate to 13% from the previous 14%., Bank of Uganda, monitory policy statement for October 2016, Prof Emanuel Tumusiime Mutebire, reported drastic raise in annual crop inflation in the last three months, said that in the last month food inflation has jumped from -1.9% to 5.1%, the governor bank of Uganda
Business & Finance, Business news, Latest Uganda News
Bank of Uganda has reported drastic raise in annual crop inflation in the last three months. This comes at the time when many parts of the country is experiencing drought which is likely to last until the end of this year, according to weather experts. While releasing the monitory policy statement for October 2016, the […]
By Gerald Businge on September 8, 2016
Angelina Ossege, auditor general, Auditor General's report of 2013/14, Bank of Uganda, bills even after their patients had received treatment include Vision group, collect medical charges from private patients, Committee Chairperson whose is also MP Soroti district, Dr. Byarugaba Baterana, hospital Executive Director, inappropriate accountability., ministry of Defense among others, Mulago hospital management, Parliament, Parliament’s Public Accounts Committee (PAC), sheraton hotel, tune of 1.2bn shillings as receivable from private patients
Latest Uganda News
The Parliament’s Public Accounts Committee (PAC) has accused Mulago hospital management for carelessness and negligence for their failure to collect medical charges from private patients who even include those from viable and rich companies. This was during the committee sitting where the hospital Executive Director, Dr. Byarugaba Baterana among other officials appeared to answer queries […]
