Tag Archives: BOU

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 …

Insurance could unlock finance in agribusiness; boost farmer’s productivity and incomes Kampala, Uganda | ISAAC KHISA | Christopher Elema, 40, a maize farmer in Kiryandongo District, located 225kms, north-west of Kampala, was in February this year paid Shs6.5million as compensation for his failed crop yields. He had planted 40 acres …

Behind Nakalema, Akullo investigation Kampala, Uganda | HAGGAI MATSIKO | At 10am on June 12 Col. Edith Nakalema, Assistant Inspector General of Police (AIGP) Grace Akullo and their team arrived at Bank of Uganda (BoU). Nakalema who is the head of the Anti-corruption Unit-State House and Akullo who is the …

  Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE INDEPENDENT. COVER STORY BoU’s printing money saga: Behind Nakalema, Akullo investigation THE LAST WORD The tyranny of expert advice: Why Africans need to look beyond the oversimplification of our development challenges HEALTH Hepatitis B in Uganda: …

  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 …

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 …

What went wrong? Kampala, Uganda | HAGGAI MATSIKO | “This is a serious issue,” muttered Bank of Uganda Governor Tumusiime Mutebile when he heard about at it. A plane chartered to transport new currency notes to Uganda from France had on April 27 landed at Entebbe Airport with cargo not …

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 …

Kampala, Uganda | THE INDEPENDENT | Investigations into the extra cargo that was loaded on a Bank of Uganda (BoU) chattered plane have been extended to currency centres in Mbale, Kabale and Fort Portal. A Senior detective at the Criminal Investigations Department has intimated to Uganda Radio Network (URN), that …

Kampala, Uganda | THE INDEPENDENT | The Police Criminal Investigations Director Grace Akullo has taken control of investigations on a procurement scandal involving top officials in the Central Bank. Police Spokesperson Fred Enanga said Akullo has been assigned to ensure that the investigation is thoroughly conducted to leave no stone …