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Tag: Bank of Uganda

Only 3% of Uganda’s adult population borrow from bank, survey

Only 3% of Uganda’s adult population borrow from bank, survey

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 ...

Mutebile disagrees with Uganda’s BUBU campaign saying its a risky protectionist policy

Bank of Uganda projects 6.5% growth in the next three years

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 ...

Auditor General starts in depth audit on BOU over defunct banks

Auditor General starts in depth audit on BOU over defunct banks

Auditor-General Edward Ouko 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 ...

MPs query Bank of Uganda’s 50 year’s anniversary celebration expenditures

MPs demand status reports of defunct banks

MP Abdu Katuntu 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 ...

MPs query Bank of Uganda’s 50 year’s anniversary celebration expenditures

MPs query Bank of Uganda’s 50 year’s anniversary celebration expenditures

MP Abdu Katuntu 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 ...

Commercial court wants Bank of Uganda and Sudhir to settle differences with in 60 days

Commercial court wants Bank of Uganda and Sudhir to settle differences with in 60 days

Business tycoon Sudhir Ruparelia 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 ...

Late Sam Owori dedicated his life to serve humanity

Late Sam Owori dedicated his life to serve humanity

Rotary International President Elect Sam Owori (in a red necktie) just two weeks ago as we launched the #RotaryCR17. Last Friday evening was one of the darkest days to the ...

Bank of Uganda takes over Crane bank amidst drama.

Bank of Uganda takes over Crane bank amidst drama.

Sudhir who is believed to be the richest Ugandan. Bank of Uganda last week took over the management of crane Bank amidst confusion on who actually is in charge of ...

Drastic drought affecting food production in the country, Bank of Uganda

Drastic drought affecting food production in the country, Bank of Uganda

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 ...

MP’s grill their own blaming his inefficiency while at Mulago hospital

MPs pin Mulago management on failure to collect medical charges from private patients.

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 ...

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