Finance
Finance
BoU admits theft of old currency notes, suspects sent on forced leave
The Bank of Uganda has admitted theft of old currency notes from the central bank. According to Daily Monitor Newspaper,...
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Bank of Uganda officials use tea girls, cleaners to steal billions of shillings
Bank of Uganda officials use tea girls, cleaners, security teams to steal billions of shillings from the Central Bank, Watchdog...
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UNBS report estimates that 51 per cent of goods on market are fake
A surveillance report by Uganda National Bureau of Standards (UNBS) for the Financial Year 2018/19 has indicated that 51 per...
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IMF sends Bank Supervision Advisor to monitor Bank of Uganda irregular operations
The Bank of Uganda Governor Prof Emmanuel Mutebile has confirmed that the International Monetary Fund (IMF) recently sent a Bank...
Read moreBoU issues out tight rules on thieving staff
Following the recent irregularities at Bank of Uganda, the management has issued strict rules to mitigate risks and strengthen internal...
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Uganda oil deals collapse as Tullow disagrees with partners Total E&P, CNOOC over taxation
Tullow Oil PLC has terminated farm-down agreements with two partners after failing to agree on tax details with the government....
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Tax payers to foot Sh110 billion for lawyers in Bank of Uganda vs Sudhir court drama
Lawyers to walk to the bank smiling as Bank of Uganda continues to make one mistake after the other in...
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Sudhir: Mafia who sold Crane Bank will pay heavily
Businessman Dr Sudhir Ruparelia has said the mafia clique behind the takeover and selling of his Crane Bank will pay...
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Crane Bank closure: Sudhir wins Bank of Uganda in High Court
The Bank of Uganda hit the dead end on Monday, August 26, 2019 as the High Court Commercial division dismissed...
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Big Monday as court rules on Sudhir Vs BoU Shs397 billion case
The High Court will on Monday August 26, 2019 decide to dismiss or continue hearing the case in which Bank...
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