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BOU Licenses Two New Commercial Banks

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Afriland First Bank Uganda Limited and Opportunity Bank have been licensed by the Bank of Uganda to operate as commercial banking institutions. The total of...

BoU Issues Fresh Rules on Cash Rooms After Cash Theft at...

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Bank of Uganda (BoU) acting director of currency Dr Bazinzi Natamba has issued fresh rules regarding access of cash rooms at currency centres after...

MPs Reject Gov’t Report on BOU Currency Notes Saga

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Members of Parliament have raised concern over the incessant scandals plaguing the country’s central Bank following the recent mishap in which a consignment of...

ISO to Probe MPs Katuntu, Among Over ‘Receiving Bribe’ from Sudhir...

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The Internal Security Organization (ISO) is set to kick off an investigation on former members of the Parliamentary Committee, Statutory Authorities and State Enterprises...

OPINION: Bank of Uganda Should Re-examine Its Records Management Practices

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By Jason Mugizi For quite a long time, Bank of Uganda (BoU) had been shielded from open public scrutiny. Stories of marvel and wonder characterized the...

Arrested Bagyenda Aides, BoU Security Personnel in Court Over Stolen Reports

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The bodyguard and driver of former Bank of Uganda (BoU) Executive Director in charge of supervision Justine Bagyenda are Tuesday evening appearing before city...

PHOTOS: Pigs Dressed in Kisaame’s Posters Dropped at Bank of Uganda

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Two piglets dressed in posters of DFCU bank Managing Director Juma Kisaame have Monday morning been dropped at the gates of the central bank,...

DFCU Boss Kisaame in Bribery Scandal, Seeks COSASE MPs’ Protection

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DFCU Bank Managing Director Juma Kisaame has been accused of bribing a section of legislators on Committee on Commissions, Statutory Authorities and State Enterprises...

Is Uganda’s Economy in Recession?

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  The public debate about the poor health of Uganda’s economy has refused to go away. A few months ago, representatives of government and its...

DFCU Sacks 250 former Crane Bank Employees

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A month after it acquired struggling Crane Bank, the Development Finance Company of Uganda (dfcu) Bank has sent just 35 per cent of the...
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Bobi Wine Visits MPs Segirinya, Ssewanyana in Prison

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National Unity Platform – NUP President Robert Kyagulanyi better known as Bobi Wine has Monday paid a visit to Kawempe North Member of Parliament...

Gen. Paul Malong Did Not Request to Return to Juba – NAS Spokesperson

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A written statement attributed to Gen. Paul Malong suggests he requested President Salva Kiir to allow him to return to the country. The statement...

UPDF Hands Over Two NAS Rebels to South Sudan Government

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The Uganda People’s Defence Forces (UPDF) have handed over two National Salvation Front (NAS) rebels to the South Sudan government after they were arrested...

MAAIF’s Fisheries Protection Unit Dragged to Court Over Impounded Fish Trucks

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Fish traders whose trucks are being held by Uganda government authorities have sued the head of the Fisheries Protection Unit-FPU on Lake George and...

South Sudan Rebel Leader Paul Malong Denies Cutting Ties with Pagan Amum

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Paul Malong Awan, leader of South Sudan United Front/Army (SSUF/A) on Friday dismissed reports that he had severed ties with his ally Pagan Amum,...