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Bank of Uganda Approves Doreen Rutazaana for Micropay Board Role

Bank of Uganda has formally approved the appointment of Doreen Rutazaana as a Director to the Board of Directors of Micropay (U) Limited,...

Diamond Trust Bank
Business

Diamond Trust Bank Loses Clients Over Tycoon Ham’s Shs120Bn Scandal

There is pandemonium at Diamond Trust Bank (DTB) Uganda! As you read this, sources reveal that several of their clients are withdrawing their...

News

Twinemanzi, BOU Case Takes New Twist, Court Orders Production of Witness for Cross Examination

The High Court Civil Division in Kampala has ordered for cross examination of a one Agnes Mugisha in a case were the appointment...

BusinessNews

City Tycoon Ham Kiggundu Advocates for Better Banking System, Proposes Reforms

City businessman Hamis Kiggundu aka Ham has appealed to Ugandans to rise to the occasion and push government to cause substantive reforms within...

BusinessNews

Sudhir’ Lawyers Accuse Governor Mutebile for Disrespecting Court over Shs397bn Crane Bank Case Ruling

City businessman Sudhir Rupareria has come out to respond to the several claims that were put across by the Governor, Bank of Uganda,...

Business

NEW: Credit Relief Measures to Mitigate the Economic Impact of COVID-19- Bank of Uganda .

KAMPALA, Friday, April 17, 2020 – Bank of Uganda (BoU) in its Monetary Policy Statement of April 06, 2020, made reference to credit...

Business

COVID-19 causes big drop in business confidence in Uganda – Survey

Business confidence in the country has fallen sharply for the first time since January 2017 as companies come to terms with Coronavirus (COVID...

News

Bank of Uganda Finalises Liquidation of GTB, International Credit Bank

Bank of Uganda (BoU) has announced that it has finalized the liquidation process of two defunct commercial banks as required by law. Liquidation...

Business

Uganda’s Public Debt Reaches UGX 46 trillion – Report

Uganda’s public debt has grown to Uganda shillings 46 trillion (USD12.5bn) as at the end of June 2019 up from Shs 39 trillion...

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