Atingi-Ego’s Rise To BoU Governor: Here Are Secrets You Didn’t Know About HimÂ
By Frank Kamuntu After nearly three years in an acting capacity, Dr. Michael Atingi-Ego has today officially been confirmed as the Governor of the Bank...
Tag : Bank of Uganda
Hot Scandal: 9 Ministry Of Finance Officials Arrested Over 60 Billion Bank Of Uganda Fraud
The Criminal Investigations Directorate (CID) has arrested nine senior officials from the Ministry of Finance over their alleged involvement in the fraudulent diversion of Shs...
Loopholes In Uganda’s Financial Sector: Here’s What Ugandan Banks Should Do To Curb Cyber Attacks & Other Forms Of Hacking
By Kato Jamil The recent financial cyber heist involving the Bank of Uganda (BoU) has reignited concerns about cybersecurity vulnerabilities within Uganda’s banking sector. With...
Sorry We Snored At Work, CID & FIA Are Helping Us Know How Your Money Was Stolen-BoU Tells Tax Payers
By Frank Kamuntu The Bank of Uganda (BoU) has clarified the recent cyber heist of Ugx62 billion, saying this money was fraudulently diverted from international...
How Bank Of Uganda Big Scandals Are Eating Up Uganda’s Economy
By Frank Kamuntu Kampala: In the past six months, Ugandans have been shocked by the closure of two key banks, EFC Uganda Limited (MDI) closed...
”Yes Billions Of Your Money Was Stolen But We’re Now Awake & Investigating”-Gov’t On Bank Of Uganda Cyber Heist
By Kato Jamil The Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi has told Parliament that investigations are underway...
Bank Of Uganda Hit By Massive Hack, UGX 60 billion Stolen In New Cyber Heist
By Kato Jamil The Bank of Uganda has been rocked by a fresh scandal after hackers successfully siphoned off UGX 60 billion (approximately $16 million...
You’re Financially Sick: Bank Of Uganda Liquidates EFC Over Failure To Raise Capital Thresholds
By Frank Kamuntu The Bank of Uganda has initiated the liquidation of EFC, a deposit-taking institution, revoking its license and instructing the cessation of its...
BOU: Stop Using Money Notes In Bouquets
By Caroline Kanshabe The Bank of Uganda (BOU) has issued a warning to the public, advising against the practice of using banknotes folded into bouquets...
Museveni Appoints Josephine Okui Ossiya On BoU Board
By Frank Kamuntu Parliament has on Thursday vetted Ms. Josephine Okui Ossiya who has been nominated by HE. Yoweri Kaguta Museveni to join the Bank of...