Search Results

Some EFC, Mercantile depositors yet to pick their money, says DPF 

Some EFC, Mercantile depositors yet to pick their money, says DPF 

The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arrangements to enable the Fund to pay their protected deposit up to the limit of Shs10m.   Speaking during the Makere

Ultimate Uganda

High staff exits undermining banking sector stability, says BoU

High staff exits undermining banking sector stability, says BoU

Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som

Ultimate Uganda

Diddy abuse hotline records 12,000 calls in just 24 hours; 100 new lawsuits lined up, claims lawyer

Diddy abuse hotline records 12,000 calls in just 24 hours; 100 new lawsuits lined up, claims lawyer

Tony Buzbee reveals shocking increase in claims against Sean Combs, including minors among the accusers.In a shocking surge, attorney Tony Buzbee has revealed that more than 12,000 calls have flooded a hotline set up for victims to report alleged abuse

Ultimate Uganda

Justin Bieber Wanted to 'Protect' Billie Eilish From the Music Industry, Old Video Reveals Why

Justin Bieber Wanted to 'Protect' Billie Eilish From the Music Industry, Old Video Reveals Why

The encounters that Justin Bieber had with the music industry were not easy. His wish to protect younger musicians like 

Ultimate Uganda

Reduction in milk production causes butter scarcity 

Reduction in milk production causes butter scarcity 

A reduction in milk volumes by about 3.5 million litres per day has impacted key dairy by-products, among them butter production, according to stakeholders in both the dairy and supermarket value chains. Several supermarkets and consumers across Kampala have reported a shortage in butter

Ultimate Uganda

Uganda Launches Nationwide Coffee Registration Exercise Amid Tight Deadline

Uganda Launches Nationwide Coffee Registration Exercise Amid Tight Deadline

KAMPALA, UGANDA – Government of Uganda through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) and Uganda Coffee Development Authority has officially launched a nationwide coffee registration exercise aimed at enhancing sustainability, impro

Ultimate Uganda

	Major Headache for Museveni as MPs Reveal How UGX 20 Billion Was Lost in His UPDF Food Project

Major Headache for Museveni as MPs Reveal How UGX 20 Billion Was Lost in His UPDF Food Project

MPs were left in shock after learning that the Uganda People’s Defence Forces (UPDF) mismanaged Shs29.8 billion allocated in August 2022 for a food production initiative aimed at addressing food insecurity caused by the COVID-19 pandemic and the Russia-Ukraine

Ultimate Uganda

Inside proposal to revive tea farming

Inside proposal to revive tea farming

Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which has forced some of the tea farmers to uproot the trees in favour of the more lucrative coffee growing and other ventur

Ultimate Uganda

Among, Tayebwa accused of  bias as bill to elect LoP is tabled

Among, Tayebwa accused of  bias as bill to elect LoP is tabled

A section of legislators have accused the Speaker of  Parliament Anita Among and her deputy, Thomas Tayebwa, of being biased in the selection of matters handled by Parliament. Concerns arose following the tabling of the Administration of Parliament Amendment Bill, 2024, by Mityana

Ultimate Uganda

FDC’s Amuriat Steps Down, Endorses Mafabi for Presidency

FDC’s Amuriat Steps Down, Endorses Mafabi for Presidency

Engineer Patrick Oboi Amuriat, the leader of the Forum for Democratic Change (FDC) party, has decided to withdraw from the 2026 presidential race. Instead, he is supporting MP Nathan Nandala Mafabi, the party’s secretary general, to be the FDC’s candidate in the upcoming election. Amuriat

Ultimate Uganda