Uganda
Tumusiime-Mutebile on central banking in E Africa
In the speech 'The way ahead for central banking in East Africa' given on 3 July Emmanuel Tumusiime-Mutebile of the Bank of Uganda said though the rationale for the central banking course is as noble today as it was at its inception, the concerns are…
Comment: Uganda eyes inflation target
The Bank of Uganda will implement an inflation-targetting framework in the near future, the governor of the central bank, Emmanuel Tumusiime-Mutebile, told CentralBankNews.com. Only a lack of adequate and timely data is holding it back.
Central bank carries out management changes
This article published Sunday 14 May looks at recent management changes that have taken place at the Bank of Uganda (BOU). It quotes the BOU's spokesman as saying that the changes will help the bank meet demands and changes in the financial and monetary…
Bank of Uganda - Annual Report 2003-2004
In 2003/04 the economy registered a growth rate of 5.8 percent in real terms compared to 4.9 percent in the previous financial year, according to the Bank of Uganda's Annual Report 2003-2004.
Comment: Ugandan banking takes off
A recent IMF working paper documents the vast improvements in the Ugandan banking sector in recent years, arguing that the extension of the central bank's regulatory capacity and the withdrawal of state control have resulted in efficiency gains.
How long can BoU reserves go without aid?
This article published on Wednesday 11 January asks how big are the Bank of Uganda's reserves? And how far can the country run until the financial tank shows 'empty?'
Bank of Uganda signs foreign reserve software deal
The Bank of Uganda has become the third African central bank to adopt a financial technology solution from Trema, the company announced recently.
Uganda upgrades foreign reserve management
The Bank of Uganda (BOU) plans to upgrade its foreign reserve management operations by installing a software system worth one million US dollars.
Uganda's Opiokello on recent achievements
In the speech 'Bank of Uganda - recent achievements' given on 4 March (published 9 May), David Opiokello of the Bank of Uganda said recent achievements include the Bank successfully implementing automation of currency note processing and the RTGS has…
Uganda's central bank suffers unprecedented loss
The central bank of Uganda says it made a loss of Shs 7.7 billion in the year to June 30 2003 as a result of low returns from its investments abroad.
It's cheque out time says Bank of Uganda governor
Lengthy clearing time and limited use mean the days are numbered for cheques in Uganda. The governor of the central bank, Elliot Mwebya, would ban them tomorrow if he could, reports allAfrica.com
BOU gets tough on forex flow
Foreign exchange bureau operators in Uganda have been issued with new guidelines on how to tackle money laundering, according to All Africa News. This focus on forex operators is part of the Uganda Bankers Association's 'Know Your Customer' (KYC)…
Mutebile wants full BOU independence
The governor of the central bank of Uganda is seeking more autonomy for the bank to protect it from political interference. Appearing before the Constitutional Review Commission (CRC), Mutebile called for an amendment to the BOU Statute, according to a…
Bank of Uganda's powers trimmed by parliament
The central bank of Uganda has lost the power to control capital requirements for commercial banks after parliament voted to amend rules under the Financial Institutions Bill.
Uganda c bank declared 'least corrupt' institution
The Bank of Uganda, the country's central bank, has been declared the most honest and least corrupt institution in Uganda in a report from the Inspector General of Government, according to a report in The Monitor
Uganda's c bank appeals against Sh700m tax bill
The Bank of Uganda is appealing against a decision by the Revenue Authority to charge the central bank sh700m in taxes after it sold property, All Africa News reports.
Bank of Uganda head rebuffs banking crisis rumour
UGANDA - Bank of Uganda Governor Emmanuel Tumusiime Mutebile has firmly quashed rumours that the banking sector might again be in crisis.
Uganda's Mutebile shuffles central bank staff
UGANDA - The governor of the Bank of Uganda Emmanuel Tumisiime Mutebile has made changes to the staff at the central bank.
Ugandan central bank plans for Shs50,000 note
UGANDA - As Bank of Uganda plans to release the Shs 50,000, it's warning that people should not ask for the large denomination unless they are handling huge sums of money to warrant its use.
Bank of Uganda - Annual Report 2000-2001
ANNUAL REPORT - The Bank of Uganda has published its Annual Report for the year ended 2000-2001.
Former Ugandan central bank chief in 'civil jail'
UGANDA - The East African newspaper reported on Monday that the former governor of Uganda's central bank, Dr Sulaiman Kiggundu, was currently being held in jail for not paying a $360,000 debt.
Paul O'Neill and pop star argue over aid issue
UGANDA - The Washington Post reports that US Treasury Secretary Paul O'Neill and Irish rock star Bono have apparently fallen out, over the issue of digging wells, during a joint 10-day trip around Africa to investigate the aid issue. O'Neill has…
Banks gets electronic clearing system
UGANDA - The Uganda Banker's Association (UBA) and Bank of Uganda have introduced an electronic cheque clearing system, to replace the manual system, a statement from the bankers has said.
BOU forex strategy may be paying off
UGANDA - The Bank of Uganda's (BOU) new strategy of intervening into the foreign exchange market without disclosing amounts sold, seems to be working, reports New Africa News.