Finance
Finance
Why Cosase wants BoU to compensate Crane Bank owners
Parliament on Thursday, February 21 confirmed from one of its committee investigation what the Auditor General had already spelled out...
Read moreDetailsCosase report on BoU likely to be tabled in Parliament today, no minority Report
The parliamentary Committee on Statutory Authorities and State Enterprises (Cosase) on Wednesday finalised and presented its report on Bank of...
Read moreDetailsKPMG fails to complete audit report on Crane Bank after pocketing Shs900m
KPMG, a company that was contracted to audit the books of defunct Crane Bank has failed to complete the report....
Read moreDetailsBOU hailed across the continent for good supervision of sector – Mutebile
The central bank has done a commendable job in regulating financial institutions in the country and has been hailed in...
Read moreDetailsCosase probe: Shs84b was raised to save Crane Bank but BoU instead seized it
Former Crane Bank shareholders had raised USD23 million (Shs84 billion) of the USD34 million (Shs157 billion) recapitalization that was needed...
Read moreDetailsLawyer Masembe: We bagged Shs9.8b to draft Crane Bank agreement
Bank of Uganda external lawyers MMAKS were paid Shs9.8 billion to draft an agreement that paved way for the takeover...
Read moreDetailsCosase grill BoU bosses over dollar payments to MMKAS lawyers
Kampala: Legislators on the Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) on Wednesday afternoon grilled officials from the...
Read moreDetailsBoU probe: Special Audit shows over Shs270bn meant to ‘save’ Crane Bank disappeared
Bank of Uganda blew away a total of Shs478 billion in the few months it was in charge of Crane...
Read moreDetailsCosase: MMAKS senior lawyer Masembe given less than three hours to appear before Committee
Most analysts say lawyers misled Bank of Uganda to make decisions that led to the closure of commercial banks, and...
Read moreDetailsCosase: BoU officials to appear before Committee to defend selves one last time
The Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) will today hold the last meeting with top officials...
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10 dangerous hotspots known for prostitutes in Kampala
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President Museveni proposes neutral Tororo city as compromise in Japadhola-Iteso dispute
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President Museveni applauds Dei Biopharma Founder Dr. Magoola over US patent for cancer treatment
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President Museveni calls for action against key bottlenecks undermining public service
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Finally, Busoga Kingdom Speaks Out: Allegations Addressed, Kyabazinga Emphasizes Unity
