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Tag Archives: BOU

Kadaga clears COSASE to probe BOU

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Rebecca Kadaga has directed the Committee on Commissions, Statutory Authorities and State Enterprises – COSASE to conduct proceedings on issues that were not concluded as pertains matters on the closure of seven commercial banks by Bank of Uganda.  The seven banks …

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Refinitiv, BOU and ACI enhance market transparency in Uganda

BOU, ACI move to work with Refinitiv, further cements Uganda’s efforts to attract long-term foreign direct investments  Johannesburg, South Africa | THE INDEPENDENT |  Refinitiv, the Central Bank of Uganda BOU, and the ACI Financial Markets Association of Uganda have announced that they will be working together to strengthen Uganda’s trade …

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BoU Deputy Governor slams high mobile money charges

Kampala, Uganda | THE INDEPENDENT | Dr Louis Kasekende, the Bank of Uganda Deputy Governor, has said he is irked by the high charges placed on mobile money transactions every time one sends or withdraws money. Kasekende told a gathering in Kampala on Wednesday: “I must express our displeasure at …

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Three entities apply to offer Islamic banking services

  Kampala, Uganda | THE INDEPENDENT | Three entities have applied to Bank of Uganda-BoU seeking to offer Islamic Banking services, according to the Deputy Governor, Dr. Louis Kasekende. He disclosed this during the BoU Town council hall meeting at Brovad Hotel in Masaka this morning. Dr. Kasekende explained that …

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BoU scandals linked to Mutebile succession-Katuntu

Kampala, Uganda | THE INDEPENDENT | The Bugweri County Member of Parliament, Abdul Katuntu, says there is need to address Governance issues in Bank of Uganda-BoU to curb scandals rocking the central bank. Katuntu, who chaired the Committee on Commissions Statutory Authorities and State Enterprise-COSASE, says there is a big …

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CAA officials tasked to explain role in BoU currency saga

Kampala, Uganda | THE INDEPENDENT | The Civil Aviation Authority –CAA never dealt directly with the Central Bank on matters relating to a chartered plane that was carrying Printed currency notes from abroad. The clarification came in relation to questionable cargo that was found on a plane chartered to deliver …

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