Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has directed the Minister of Finance Matia Kasaija to present a statement concerning the vacant position of Deputy Governor of the Central Bank. The directive follows the expiry of Dr Louis Kasekende’s contract on 18th January 2020. Dr …
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Kampala, Uganda | THE INDEPENDENT | Several Bank of Uganda staff expect the contract of the Deputy Governor Dr Louis Kasekende to be renewed in the coming days. Dr Kasekende’s contract will expire on 18 January 2020, completing a decade in the same position and making him the longest-serving deputy …
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Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has officially received its license from Bank of Uganda, dropping the Barclays brand tag. Absa Uganda interim boss Nazim Mahmood together with other bank’s executive received the license from the Central Bank on Monday. Mahmood told reporters that “there will be no …
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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 …
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Kampala, Uganda | THE INDEPENDENT | Bank of Uganda is considering capturing details of loan products obtained through the different mobile platforms into their Credit Reference Bureau-CRB. The different Telecoms in Uganda have steadily been reinventing the services they offer to their clients; to the extent that many of them …
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Kampala, Uganda | THE INDEPENDENT | Ugandan bankers will this month use their annual conference to discuss how they can offer money to the agricultural sector. According to Patrick Mweheire, the Executive Director of Stanbic Bank and Chairman of Uganda Bankers’ Association (UBA), agriculture has huge impact on key issues …
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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 …
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Kampala, Uganda | THE INDEPENDENT | Bank of Uganda Deputy Governor Dr Louis Kasekende has dispelled claims that the Agriculture Credit Facility (ACF) administered by the central bank was nonfunctional, saying there are success stories to speak for it. Kasekende was speaking at the ten-year anniversary of the facility …
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The Independent Uganda: You get the Truth we Pay the Price