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State House Anti-Corruption Unit Raids Bank Of Uganda Over ‘Illegal Money Printing’, Billions Lost

State House Anti-Corruption Unit has raided Bank of Uganda (BoU) arresting five directors in the ongoing corruption fight in government agencies, Eagle Online reports. According to security sources, the move to arrest the five was informed by whistleblower who informed the State House Anti-Corruption Unit about loss of huge monies

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IT’S ILLEGAL: Labour Recruitment Companies Reject Gov’t Directive To Submit Bank Statements

Labour recruitment and export companies have rejected the demand by government through Ministry of Gender, Labour and Social Development that they submit their 2017/18 bank statements for verification. In a letter dated 5th June 2019 to all external labour recruitment companies obtained by Business Focus, Pius Bigirimana, the Permanent Secretary

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Analysis & OpinionsBankingFeatured

EXCLUSIVE: Uganda’s Biggest Banks By Loans Advanced To Customers Named

Who are Uganda’s biggest lenders? This is exactly what you’re going to find in this article. According to 2018 commercial banks’ figures exclusively analysed by Business Focus,the 24 operating commercial banks in Uganda advanced Shs13.31 trillion in loans to customers, up from Shs11.89 trillion in 2017. This represents a growth

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