Tag Archives: BOU

Kampala, Uganda | GODFREY SSALI | Principle Judge Yorakamu Bamwine has taken over as mediator in a high-profile case between businessman Sudhir Ruparelia and Bank of Uganda (BOU). Justice Bamwine’s appointment comes after the parties in the case rejected the earlier appointed mediator Harriet Magala. The two parties have said they …

What the 2017 –2022 government strategy means to Uganda Kampala, Uganda | ISAAC KHISA | Uganda’s central bank in partnership with the Ministry of Finance, Planning and Economic Development has unveiled a five-year financial inclusion strategy to enable more individuals and business access affordable financial products and services. The Uganda National …

But experts wonder if economy can survive local and regional political turmoil Kampala, Uganda | JULIUS BUSINGE | There is some good news for Uganda’s economy finally. The Central Bank’s latest annual report shows a sharper GDP growth in 2016/17 than had earlier been estimated. The FY2016/2017 growth figures released on …

JOBS: Clerks (technicians) Currency department BOU Kampala, Uganda | THE INDEPENDENT | Applications are invited from qualified Ugandans to fill 4 vacant positions in the Currency Department, Bank of Uganda. Advertisement of Vacant Positions in Bank of Uganda by The Independent Magazine on Scribd   Share on: WhatsApp

Latest on motive of raids on NGOs by security forces Kampala, Uganda | FLAVIA NASSAKA | Usually on Friday, staff at the Uganda National NGO Forum; an umbrella organisation for Civil Society across the country, clock off early as the office closes at 1pm. But on Sept.13 by 4 O’clock …

Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda Governor Emmanuel Tumusiime Mutebile, has October 03, announced a reduction in the Central Bank Rate (CBR) by 0.5 percentage points to 9.5% for the next three months. The CBR is the rate of interest which a central bank charges on loans and advances to commercial banks. The …

Experts blame it on bad economy, call for quick fixes Kampala, Uganda | JULIUS BUSINGE | On Sept. 07 Bank of Uganda (BoU) released a delayed annual supervision report for the financial sector for the year ended December 2016. The reasons that delayed the report that normally comes out in …

Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda (BOU) Deputy Governor Louis Kasekende has advised accountants in Uganda to borrow and adapt international standards in their bid to positively contribute to nation building. “They must look at international standards that are released by their international body and…then adapt them to Uganda,” Kasekende said, …

The economic rescue initiatives can only succeed without political interference Kampala, Uganda | ISAAC KHISA | How can central banks in the East African Community boost private sector credit that has since last year slowed down?   That was one of the issues that the Central Bank Governors in the region …

Sudhir, BoU fallout: An inside account of the politics behind the tycoon’s troubles Kampala, Uganda | HAGGAI MATSIKO | On July 6, President Yoweri Museveni chaired a meeting at which tycoon Sudhir Ruparelia and officials from Bank of Uganda (BoU) sought to resolve a crisis resulting from the takeover of Crane …