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BoU Mess: IMF Sends Central Bank A Resident Bank Supervision Advisor

 The Bank of Uganda (BoU) Governor, Prof. Emmanuel Tumusiime-Mutebile has revealed that the Central Bank has stepped up efforts to address weaknesses that led to the most recent commercial bank failures. “Although bank supervision and regulatory structures broadly follow international best practices, BoU has stepped up the strengthening of commercial

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Frustrated Businessman Reveals How Bagyenda, BoU Bosses Illegally Sold His Property

Aging businessman Chris Tushabe has accused several Bank of Uganda (BoU) officials of frustrating his efforts at having access to his bank accounts details following the closure of defunct Cooperative Bank. Appearing before the Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) today, Tushabe accused t Justine Bagyenda (in

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