Tag Archives: BOU

BoU says it’s not responsible for secrecy of customers’ information Kampala, Uganda | ISAAC KHISA | Privacy of customer data is the bedrock of the banking sector around the world but for a section of Uganda’s commercial banks, this code seems to be slowly eroding— posing a big risk to the industry …

Kampala, Uganda | HAGGAI MATSIKO | On Aug.3, at exactly 8:45am, Central Bank Governor, Emmanuel Tumusiime Mutebile arrived at the Finance Ministry, where he had been summoned for a meeting at exactly 9:00am. Finance Minister, Matia Kasaija, had asked him to come and explain why his team had criticized the mobile …

Links with recent uproar over Bagyenda, dfcu Kampala, Uganda | HAGGAI MATSIKO | Gen. Caleb Akandwanaho aka Salim Saleh is urgently seeking to sort out the Crane Bank, BoU, and dfcu Bank saga, The Independent has learnt. Sources close to the General who is the de facto Number Two in his …

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda Governor Emmanuel Tumusiime Mutebile has handed Standard Chartered (StanChart) Bank an award for emerging the Best Performing Commercial Bank in government securities for the month of May 2018. The award was handed out after the BOU governor’s monthly meeting with the …

BOU GOV RACE: IMF’s Ating Ego, Kasekende, Muhakanizi, Kiiza in race Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni is looking to replace his long-serving Bank of Uganda Governor, Emmanuel Tumusiime Mutebile. The Independent can exclusively report that Mutebile’s replacement is likely to be a totally unexpected choice. Highly placed …

Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent magazine.. COVER STORY Museveni looks for new BoU governor: IMF’s Ating Ego, Kasekende, Muhakanizi, Kizza in race. HEALTH Cuban doctor controversy: Does Uganda Medical Union, NOTU, understand what they are fighting? THE LAST WORD Understanding why …

Auditor General spills secrets of Coop Bank, Greenland Bank Kampala, Uganda | HAGGAI MATSIKO | On March.23, Auditor General (AG) John Muwanga wrote a confidential note to the Governor of the Central Bank, Emmanuel TumusiimeMutebile. The note a copy of which The Independent has seen is titled Draft report of the …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has scooped the 2017 Bank of Uganda Best Performing Commercial Bank of the Year in Government Securities award, Governor Emmanuel T. Mutebile announced on April 10. This is the 13th time the BoU was holding this event. It was also Stanbic’s sixth consecutive …

Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE Independent. COVER STORY Why BoU sells banks cheaply: Auditor General spills secrets of Coop Bank, Greenland Bank.   NEWS ANALYSIS: Refinery deal excites: Agreement seen as a key step towards the construction of $4bn facility THE LAST …

Governor projects 6.5% economic growth in three years but private sector concerns remain Kampala, Uganda | JULIUS BUSINGE | On April 09, the Bank of Uganda Governor, Emmanuel Tumusiime-Mutebile, arrivedat the Bank’s conference room on the 7th Floor to announce the Monetary Policy Statement for Aprilpast the usual time, 12:00pm. The …