Matooke Republic
Tuesday, August 5, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Trending: Ugandans try to make sense (or nonsense) of BoU’s Shs125m pens

Matooke Republic by Matooke Republic
August 16, 2017
in Featured Stories, Trending
Reading Time: 5 mins read
Share on FacebookShare on Twitter

Yesterday, it was revealed that Bank of Uganda spent Shs125m on 350 pens, to commemorate the 50th anniversary of the bank, meaning that each pen cost Shs357,000.



NTV broke the story indicating that the pens were procured through Aristoc Booklex Ltd.

RELATED POSTS

Meet Shamirah Nabadda, the Ugandan female referee officiating at the ongoing CHAN tournament

Explained: How NUP selects its party candidates

Bank of Uganda Communications Director, Christine Alupo, told NTV that the money was used not just to procure pens but also other memorabilia for the high profile local and international guests.

Ugandans have taken to social media to poke fun at the extravagant expenditure by the bank.

The #BOUpens had security chips embedded in them to protect Bank Of Uganda’s WIFI password. Surely you can appreciate the caution here!

— Joseph Owino (@JosephOwino) August 16, 2017

Details emerging indicate that BOU pens have a thermometer,nail cutter,multiple phone charger,breathalyzer,lightning conductor,detect cancer

— Kanyomozi District (@PatriqKanyomozi) August 16, 2017

Goord morning to all those that still use pens that cost 500 shillings. The rest of you can pick ur good morning from @BOU_Official pic.twitter.com/uAraHbRt0l

— Patoranking (@pyepar) August 16, 2017

Do the #BOUpens come with auto correct? pic.twitter.com/OXTURDf91Z

— Cee (@maaso_ana) August 16, 2017

Hw I write with the @BOU_Official pens that cost 357,000 shillings pic.twitter.com/o9y4R5qdpY

— Patoranking (@pyepar) August 15, 2017

We finally found the pen used to write the 10 commandments handed down to Moses! #BOUPens

— Edwin Junior (@edwinejnr) August 15, 2017

I think the conversation on the #BOUpens should not be on the cost but on the management ethic. The pens exist #PoorMgtPoorerCommunities pic.twitter.com/Slib6ZyB4c

— Danny T (@DannyT_UG) August 16, 2017

One’s wisest addition to our already glittering bowl of mind-numbing fuckery is to spend 125m on pens. We are all going to hell. #BOU

— Muliisa (@I_Muliisa) August 15, 2017

When I grow up, I want to supply @BOU_Official with pens pic.twitter.com/RSBQv0CgPK

— Ganzi Muhanguzi (@GanziMuhanguzi) August 15, 2017

BoU used 125M to buy 350 pens meaning each pen cost 357k. Do these pens use mercury, urine or acid instead of ink?
Wabula kiri Uganda

— muyita joel (@muyitajoel) August 15, 2017

Sample #BOUPens @BOU_Official pens shortly before being ? to Uganda from India ?? pic.twitter.com/Nf6cz6ygE6

— Cephas Tendereza (@CephasTendereza) August 15, 2017

Maybe BoU bought those pens like in the Bond movies that double as explosives

— Van Guma ?? (@markopolo94) August 16, 2017

Goats bought UBC and you are wondering how #BoUPENs were bought that much! pic.twitter.com/AcNe0v5tI5

— Michael Twinokwesiga (@Twinokwesiga) August 16, 2017

How do pens that cost shs 350,000 each write? May i need to order one from @BOU_official to improve my handwriting.

— Arinaitwe Victor (@arinaitwevicto1) August 15, 2017




Related

Tags: BoUBoU pens
Share3Tweet2Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Court dismisses “incompetent application” by BoU to drop fraudulent and wrongful closure case brought against it by defunct Greenland Bank shareholders

by Matooke Republic
3 years ago

...

BoU warns public against using cryptocurrencies to transact businesses, says it’s illegal

by Matooke Republic
3 years ago

...

BoU sued for failure to conclude Greenland Bank liquidation 21 years later

by Matooke Republic
3 years ago

...

BoU's Margaret Kasule the head of BoU's Legal Department

Legal analysts term BoU statement on Crane Bank case ruling as limp and sidestepping key issues

by Matooke Republic
3 years ago

...

WEEK IN REVIEW: Uganda to pay DR Congo Shs1.2 trillion in war damages, Sudhir wins court case against BoU as Kakwenza escapes from Uganda

by Matooke Republic
3 years ago

...

Next Post

Police issues Jack Pemba certificate of good conduct

Cheptegei settles for Shs108m after ignoring billions

RECOMMENDED

Prisons spokesperson Frank Baine.

Inmate convicted of defilement killed by remand prisoner awaiting trial for murdering his mother

August 5, 2025
L–R: UBL’s Kimaka David (Business Integrity Manager), Corporate Relations Director Sheila Sabune, Marketing & Innovations Director Catherine Dungu (third right), and Finance & Strategy Director Josephine Njoroge pose for a group photo with Afrigo Band members James Wasula (Executive Director, fourth left), Herman Ssewanyana, and Talent Africa boss Aly Allibhai at the UBL Head Offices on Monday.

Tusker Malt backs Afrigo Band’s Milestone Concert- A Tribute To Timeless Ugandan Music

August 5, 2025
  • 643 Followers
  • 23.9k Followers

MOST VIEWED

  • Here is how to use NIRA’s new online portal to register or renew your national ID

    4123 shares
    Share 1649 Tweet 1031
  • How to buy tickets for CHAN 2024 matches in Uganda

    172 shares
    Share 69 Tweet 43
  • Muhoozi’s son Ruhamya joins the army as a Private

    119 shares
    Share 48 Tweet 30
  • Police release audio of prime suspect in murder of Entebbe elderly couple, offer Shs50 million reward for information leading to arrest of attacker

    116 shares
    Share 46 Tweet 29
  • Gen. Katumba Wamala’s son weds Gen. Hudson Mukasa’s daughter

    80 shares
    Share 32 Tweet 20
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.