📌 KEY APPOINTMENTS ✳ Vice President ─ JESSICA ALUPO (MAJ.RTD) ✳ Prime Minister ─ ROBINAH NABBANJA ✳ 1st Deputy Prime Minister ─ REBECCA KADAGA ✳ Attorney-General ─ KIRYOWA KIWANUKA ✳ Minister of Finance ─ MATIA KASAIJA 📌 CABINET in numbers ➡ Total number of Ministers – 80 ▶ Full Ministers …
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How BoU is overseeing the biggest asset grab ever Kampala, Uganda | HAGGAI MATSIKO | On July 3, Crane Bank which is under receivership by Bank of Uganda (BoU) sued its former owner, Sudhir Ruparelia, and a company called Meera Investments Ltd also owned by Sudhir in what might turn …
Read More »Banks setting up company to wipe off bad loans
Banks setting up company to wipe bad loans off their balance sheets After years of struggling to cope with borrowers failure to pay loans, Ugandan commercial banks have come together to form a joint company to deal with the problem on their behalf. Formation of the company currently called the …
Read More »Agency banking: Stanbic to hire 1000 agents
Other banks say the government needs to urgently pass regulatory framework Stanbic has identified about 1000 agents to deal with as soon as the proposed new agency banking is legalised, according to the Chief Executive Officer of Uganda’s largest bank, Patrick Mweheire. In an interview with The Independent, Mweheire said …
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