Tag Archives: BoU

BoU Sounds Alarm: ‘Sovereignty’ Bill Will Bury Uganda’s Economy

BoU Sounds Alarm: ‘Sovereignty’ Bill Will Bury Uganda’s Economy

Viewers: 90,000 By Spy Uganda What is billed as a shield for Uganda’s sovereignty may instead rattle its economic foundations, Bank of Uganda Governor Michael Atingi-Ego and Deputy Governor Augustus Niwagaba warned, citing risks of capital flight, reserve depletion, and rising debt costs. The bill, tabled on April 15 by State Minister for Internal Affairs Gen. David Muhoozi, seeks …

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UCC POINTS AT BoU, TELCOS POINT AT UCC! Inside the Mobile Money shutdown mystery no one wants to own

mobile-money (1)

As mobile money services finally flicker back to life, one thing remains completely offline: accountability. For nearly a week during the tense election period, millions of Ugandans were left stranded — unable to withdraw their own money, forced to beg agents, ration transactions, or in some cases cross into Kenya just to access cash. Yet as the dust settles, no …

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