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Jan 6 results
15:39
15:39

MPs Reject Proposal to Limit Term of BoU Deputy Governor Parliament 1 2

The legal Committee of Parliament has rejected a proposal to have the Deputy Governor Bank of Uganda (BoU) serve for a maximum two terms of 10 years while the Governor’s term is unlimited.
09:27
09:27

MPs Ask Gov’t to Prevail Over Commercial Banks on Loan Repayments Bank of Uganda 1 4

The MPs led by the Kampala Central MP Mohammed Nsereko point out that businesses have been financially crippled by the COVID-19 lockdown and deserve a major bailout in order to stay afloat.
17:07
17:07

Gov’t Delays Taxes Worth UGX 129.4 Billion in Business Relief 2020/2021 Budget 1 Top story

The Minister of Finance Matia Kasaija has announced the deferring of taxes worth 129.4 billion as a short term emergency relief to businesses due to effects of the Corona virus pandemic.
18:11
18:11

PAC Grills Former Judiciary PS Kagole UGX 9.57Bn Questionable Expenditure Bart Katureebe 5 1 Top story

Nandala also told Kagole that the documents show that just in a space of one day, he withdrew another Shillings 29.8 million on June 29th, 2018 for the alleged travel of the Chief Justice to South Africa and questioned how the Chief Justice would travel to two destinations at the same time.
07:12
07:12

Finance Committee Approves BoU Recapitalisation Request Bank of Uganda 1 4 Top story

In his presentation on Tuesday evening, the Finance Committee Chairperson, Henry Musasizi explained that the Bank of Uganda Act, 2000 provides that government is authorized to issue securities for recapitalising BOU where its capital impaired.
16:01
16:01

BoU Amendment Bill In the Offing Bank of Uganda 1 Top story

According to the Bank of Uganda act, the Central Bank Governor who is also the most senior officer in the bank also chairs the board of directors and deputized by the Deputy Governor. The other members are the Secretary to the Treasury and directors from different departments in the bank.
Jan 6 results