Parliament has vetted Michael Atingi-Ego as the substantive Governor of the Bank of Uganda (BoU) and Professor Augustus Nuwagaba as Deputy Governor. Their engagement with the Appointments Committee took the …
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Bank of Uganda
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ExclusiveFeaturedNews
Michael Atingi-Ego Appointed as New Governor of Bank of Uganda
by puisserugoby puisserugoIn a significant development for Uganda’s financial sector, President Yoweri Kaguta Museveni has appointed Michael Atingi-Ego as the new Governor of the Bank of Uganda, with Professor Augustus Nuwagaba named …
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ExclusiveFeaturedFinance
Ministry of Finance Officials Charged Amidst Banking Controversy
by Bashir Omarby Bashir OmarIn a startling revelation that has rocked Uganda’s financial sector, nine senior Ministry of Finance officials have been arrested on charges including corruption, abuse of office, electronic fraud, and money …
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BusinessCrime
Shs 60bn BoU Fraudulent Payments: Auditor General’s Report ‘Almost Ready’
by NBridgetby NBridgetThe Auditor General (AG) is expediting investigations into the circumstances under which Bank of Uganda paid Shs 60bn to wrong beneficiaries. Sources disclosed on Wednesday morning that the “report by …