The Standard News (Uganda)
All posts tagged "BANK OF UGANDA – BoU"
-
420Bank FraudSix Govt Officials Granted Bail in Shs 60Bn BoU Fraud Case
Kampala, Uganda – The Anti-Corruption Court in Kampala has granted bail to six out of the nine government officials accused of orchestrating...
-
376BANKING SECTOR
Top Story! Another Finance Ministry Official Remanded Over Alleged UGX 60 Billion Fraud
The Anti-Corruption Court in Kampala has remanded another Ministry of Finance and Economic Planning official on charges of conspiracy to defraud the...
-
579Bank Fraud
Uganda’s Biggest Bank Heist: How UGX 60 Billion Vanished in High-Level Government Fraud
KAMPALA – The Bank of Uganda (BoU) is under intense scrutiny as investigations uncover a sophisticated fraud syndicate that siphoned UGX 60...
-
322Bank FraudBank of Uganda, ministry of Finance staff, not hackers behind Shs 60bn heist
The investigation into the theft of Shs 60 billion from Bank of Uganda (BOU) has taken a new twist after it was...
-
368BANKING SECTORPublic Demands More Transparency on State of Uganda’s Banks, Closures
While bank closures are not uncommon in Uganda, the recent rapid shutdown of EFC and Mercantile banks caused significant concern across the...
-
377Bank FraudBoU Revokes License of Mercantile Credit Bank Ltd
In a decisive move to protect depositor interests, the Bank of Uganda (BoU) has revoked the license of Mercantile Credit Bank Ltd,...
-
751BusinessMTN Momo, Airtel Money Report Profit Surge to Shs452.7 Billion in 2023
Fintech companies, MTN Mobile Money Uganda Ltd and Airtel Money Commerce Uganda Ltd, have together announced a significant profit after tax of...
-
192OpEdOP-ED: NRM Must Walk the Walk on Poverty Alleviation, Financial Insecurity
The latest survey data from Uganda’s central bank reveals a distressing scenario regarding the financial well-being of its citizens. Alarmingly, over 70%...
-
219BusinessTop Story: Uganda Shilling Gains Ground as Central Bank Intervenes – See How!
For the second time in a row, the Bank of Uganda has increased its key monetary rate, this time by 25 basis...
-
231BusinessBank of Uganda Suspends License of Pivot Payments
The Bank of Uganda has decided to revoke the license of M/S Pivot Payments as both a Payment Service Provider and a...
