Mulago Hospital has received three golf carts from the Bank of Uganda in a move aimed at improving transportation and emergency services within the country’s largest public health facility. The golf carts, which can each carry up to eight people, are expected to ease movement of patients, nurses, medical samples and other hospital staff between…
The Bank of Uganda has urged the public to use their resources sparingly as fears grow over a possible fuel crisis in the country. The warning comes amid rising pump prices, with some petrol stations reportedly closing due to shortages, while others have increased prices in response to limited supply. Speaking on the situation, Wasswa…
The Bank of Uganda, in partnership with Kampala Club, has launched the third edition of the Emmanuel Tumusiime-Mutebile Memorial Squash Tournament, scheduled to run from April 13 to April 18. The annual tournament honours Mutebile, the former governor of the central bank, for his contribution to Uganda’s economic development and his long-standing relationship with Kampala…
The Bank of Uganda has handed over 17 patient monitors to the Ministry of Health as part of efforts to promote safe motherhood and reduce maternal and newborn deaths in hard-to-reach health facilities across the country. Speaking during the handover at the ministry headquarters in Kampala, Bank of Uganda secretary Susan Kanyemibwa said the donation…
The Bank of Uganda has paid tribute to former governor Dr Emmanuel Tumusiime Mutebile, celebrating his legacy as one of the country’s most influential economic reformers at this year’s memorial lecture held at Makerere University. The event drew several dignitaries from government, academia and the business community. Those in attendance included the current Bank of…
The Supreme Court has ordered Bank of Uganda to pay businessman Sudhir Ruparelia and his firm Meera Investments Ltd Shs 1 billion as legal costs in their long-running dispute over the closure of Crane Bank. The conflict began in 2016 when the Bank of Uganda placed Crane Bank under receivership due to financial irregularities. In…
Once upon a time in Kampala, Uganda there was a bank called Commercial Bank of Africa (CBA) and a company named Kare Distribution Ltd. They had done business together, involving loans and accounts, but things went sour. In 2018, they ended up in a lower court to sort out their disagreement. Instead of fighting it…
