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MPs want Sudhir compensated over Crane Bank closure

Parliament on Tuesday started debating the COSASE report on closed commercial banks. Some MPs proposed that government should compensate the owners of closed banks....

Shilling to come under pressure after seasonal slow down

(adsbygoogle = window.adsbygoogle || ).push({}); The Uganda shilling opened strong but ceded ground towards end of the trading week on account of...

Economy doing well: Banks observe five consecutive quarters of improved performance-...

(adsbygoogle = window.adsbygoogle || ).push({}); The Governor Bank of Uganda Prof. Emmanuel Tumusiime Mutebile has said that Ugandan banks are now doing...

Shilling faces depreciation pressure as markets expect a surge in demand

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda Shilling weakened in early part of week as corporate demand picked up, but...

Investigate, Prosecute Justine Bagyenda

(adsbygoogle = window.adsbygoogle || ).push({}); By Kagenyi Lukka/ Opinion Quite realistically, Uganda can be described as a country reeling on multiple folds...

BoU denies taking over Bank of India- IS THERE SMOKE WITHOUT...

(adsbygoogle = window.adsbygoogle || ).push({}); A statement released by Bank of Uganda governor, Emmanuel Tumusiime –Mutebile on Tuesday afternoon refuted reports of...

Mutebile fires Justine Bagyenda, her deputy SseKabira sent on forced leave

(adsbygoogle = window.adsbygoogle || ).push({}); The Governor Bank of Uganda Dr. Emmanuel Tumusiime-Mutebile has fired the Executive Director in charge of Supervision,...

Bank of Uganda saves ‘ailing’ shilling

(adsbygoogle = window.adsbygoogle || ).push({}); The Uganda shilling strengthened marginally, primarily supported by Central Bank mopping up of excess liquidity in the...

Uganda’s banking system is sound, Bank accounts have jumped to 7.4m-...

(adsbygoogle = window.adsbygoogle || ).push({}); By Louis Kasekende The 2016/17 financial year was undoubtedly difficult, with real GDP growth being lower than...

Museveni grills BoU officials Over Crane Bank, Sudhir leaves meeting a...

(adsbygoogle = window.adsbygoogle || ).push({}); By Newz Post reporter In the aftermath of Crane Bank closure and later the Forex Bureau’s, city...
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