Deputy Governor Michael Atingi-Ego

July 26, 2022

Big Story: Leadership Crisis Hits BoU As Museveni Fail To Appoint New Governor

President Museveni’s failure to appoint a new Governor for the Bank of Uganda has left the institution exposed. Deputy Governor Michael Atingi-Ego has reportedly failed to stamp his authority on the institution

Business

July 28, 2022

Is Atingi-Ego Not Creative Enough To Have Own Methods Of Supervising BoU Than Relying On What The Late Mutebile Left

Since being appointed the Bank of Uganda (BoU) Deputy Governor and has been acting as Governor, Michael Atingi-Ego has now raised the indicative Central Bank Rate (CBR), twice to the current 8.5

Business

July 6, 2022

INFLATION: Stranded BoU Raises CBR To 8.5 Percent

Bank of Uganda has decided to raise the Central Bank Rate by a percentage point to 8.5 percent as part of emergency measures against the spiraling inflation. This was decided at Tuesday’s

BOU Money Heist: MPs Task Museveni To Appoint Substantive Governor

Members of Parliament on the Committee of Commissions, Statutory Authorities, and State Enterprises (COSASE) have expressed concern over the prolonged absence of a substantive Governor at the Bank of Uganda (BoU). During

December 19, 2024

News

BANKS: We Have Failed To Identify SMEs For COVID-19 Relief Fund

Leaders in the banking industry say that they have failed to identify people who qualify for the government’s COVID-19 relief fund meant for small and medium enterprises. It comes a few days

March 28, 2023

Business

Shocking Details Of ‘Deep Rooted’ Job Fights Threatening To Crash BoU

An ongoing major restructuring at the Bank of Uganda (BoU) has sparked unease, with some insiders claiming position merger and demotion recommendations appear targeted to purge loyalists of former Governor Tumusiime Mutebile.

March 20, 2023

News

BoU Warns Against Cyber Fraud As NSSF Launches Smart Card

The Bank of Uganda has tasked the National Social Security Fund-NSSF to ensure there are no cases of cyber fraud as the fund launches a three-in-one social security smart card. With the

June 17, 2022

Business

Central Bank Worried About Delays In Financial Sector Amendments

Bank of Uganda is seeking the intervention of Parliament to ensure that regulations regarding governance and supervision of the financial sector are given urgent attention. The bank officials made the proposal while

December 12, 2021

Business