Tag Archives: BOU

  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 …

Kampala, Uganda | THE INDEPENDENT | As Ugandans continue to digest what could have happened with the Bank of Uganda currency printing recently, a few details are trickling in. An official at the central bank says what alarmed the central bank is the extra cargo aboard the chartered plane that …

Kampala, Uganda | THE INDEPENDENT | Several officials from the Bank of Uganda and the Civil Aviation Authority are being questioned following an anomaly with a consignment belonging to the central bank. In a statement this afternoon, signed by the Governor Emmanuel Mutebile, The Central Bank didn’t mention the officials but …

Kampala, Uganda | THE INDEPENDENT | The State House Anti-Corruption Unit has confirmed they grilling several Bank of Uganda officials in relation to an investigation of a dubious recent procurement. Media in Kampala are reporting the investigation is about a recent procurement of new currency notes. Reports indicate there was extra …

Kampala, Uganda | THE INDEPENDENT | The management of Bank of Uganda has today told the Committee on Commissions Statutory Authorities and State Enterprises (COSASE) in Parliament that they will not have irregular procurement. Bank of Uganda (BoU) has said they have learnt from the irregular procurements for the Joseph …