Tag Archives: BOU

Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent. COVER STORY Mutebile survives ‘coup’ at central bank: Fly on the wall at lunch between Mutebile and Kasekende NEWS ANALYSIS Crime preventers and the pretenders: Museveni struggles to find space for his `election machine’. THE LAST …

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has recognised Stanbic Bank Uganda Ltd as the best performing bank in Uganda government securities for the year 2017. This is the sixth consecutive year that Stanbic has won the award. Launched in 2005, the Primary Dealer (PD) system aims to …

  Details of Museveni meeting Blow-by-blow account of fight wrecking central Bank Kampala, Uganda | HAGGAI MATSIKO | Emmanuel Tumusiime Mutebile, 69, the Governor and his Deputy, Louis Kasekende, 59, have until recently been seen as major pillars of Bank of Uganda (BoU). One has been credited for building the foundations …

THIS WEEK: IGG interrogates BOU’s Bagyenda over finances Kampala, Uganda | THE INDEPENDENT | Justine Bagyenda, the former Executive Director in charge of supervision at Bank of Uganda came on the spot recently when bank statements showing that she has more than Shs15billion in various banks leaked to the media. Last …

Kampala, Uganda | THE INDEPENDENT | Here are the top stories and analysis on Uganda and Africa in this week’s The Independent. COVER STORY Mutebile versus Kasekende: Details of Museveni meeting THE LAST WORD On Museveni’s Umeme missive: Why the president is misinformed about electricity distribution market and tariffs ANALYSIS BOU: Blow-by-blow …

  Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent. COVER STORY Exposed: Dirty secrets of 200bn Crane Bank sale; Documents leak in Bagyenda, Mutebile fight. THE LAST WORD Lesson from Jinja East by-election: Why Uganda’s opposition should take voter turnout seriously if they ever …

Kampala, Uganda | JULIUS BUSINGE | On Feb.13, Bank of Uganda announced a cut in the Central Bank Rate by 0.5 percentage points to 9% in the next three months as a measure for boosting private sector credit uptake and economic activities. The Governor, Emmanuel Tumusiime Mutebile, said the decline in …

BoU, UEDCL and Mandela National Stadium listed amongst those in red Kampala, Uganda | JULIUS BUSINGE | Uganda’s state-owned enterprises seem to be bleeding.  The latest Auditor General’s report shows that five out of the 29 state owned enteprises recorded losses in the recent two consecutive years. They include; Bank of …

Longest-serving central bank boss feted at inaugural lecture Kampala, Uganda | IAN KATUSIIME | The launch on Jan.11 of the Tumusiime Mutebile Centre of Excellence was the perfect moment to fete the long-serving governor of the central bank.  At the helm since 2001, Mutebile is the longest serving governor the …

The new banking model is expected to deepen financial inclusion Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks have started rolling out agent banking following Kenya and Rwanda’s footsteps in an effort to grow deposits and customer base. This follows the coming into force of the Financial Institutions Act …