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BoU accused of advertising non-existent jobs

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 Bank of Uganda has been accused of advertising non-existent jobs as they had already been filled by relatives and close friends of top employees.

The Bank of Uganda on March 18, 2024 run an advert for 40 banking officers who must physically deliver their application letters to the headquarters of the institution in Kampala by April 2, 2024.

According to the advert, those above 26 years are ineligible to apply. However, the job advert wants those with qualifications in the fields of finance, accounting, statistics, commerce, business administration, law, public relations, and IT among others.

However, an insider has told this website that BoU gave away the said jobs just recently and that the advert published in leading dailies is a hoax meant to hoodwink the public that the institution offers equal employment opportunity.

Equal Employment Opportunity is the concept of equal chance in an organisation to achieve or maintain fair employment. Experts say the core EEO definition (or equal opportunity for employment) is that all employees should be fairly treated when regarded in different decisions on employment, such as hiring, promotion, termination, compensation.

The BoU whistleblower posted and said: “I work in BoU headquarters and I just wanted to let you know those BoU jobs they have posted about bank officers were taken already last month and contracts are to be signed this month.

Adding “I am wondering why they are advertising yet we all know the roles were taken. I was shocked to see a minimum age of 26 yet some fellows are older than 26 and got the jobs. If you are going to ask me about interviews, they were closed interviews. No one knows how those roles were taken, but if you think I am lying ask one of your colleagues to apply and see if they will even be contacted.”

However, when Eagle Online contacted BoU for comment over the allegations above, Dr. Kenneth Egese, the Director Communication denied the accusation saying they are baseless.

“The Bank of Uganda emphasizes fairness and transparency, and we urge the public to ignore the false claims. All 40 advertised positions are open, and eligible candidates are encouraged to apply” Dr. Egese said.

Meanwhile other people who have analysed the BoU job advert say it does not favour applicants who live upcountry since they are required to deliver the applications to the headquarters in Kampala.

“We have BoU currency centres in major cities such as Mbale, Mbarara, Jinja and others. Why can’t the Central Bank receive applications at these currency centres so that applicants from upcountry don’t incur transport and other costs related to travelling to Kampala. Why can’t applicants be allowed to use emails? There is something not right in this advert.”

During the reign of the late Emmanuel Tumusiime-Mutebile BoU’s currency and banking departs were involved in scandal that tarnished the image of the institution. However, if we are to go by the BoU insider’s allegations, then its human resource department could bring another scandal to the institution that currently has no governor after the death of Tumusiime-Mutebile but is led by Deputy Governor Michael Atingi-Ego who replaced Dr Louis Kasekende, who among other former BoU staff was at the centre of the controversial closure and sale of some commercial banks.

BoU has never recovered from this scandal especially Crane Bank whose shareholders have drugged both BoU and Dfcu bank to court here and in London for the illegal transaction that has seen some of the properties of Meera Investment returned to owners.

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