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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

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

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Officer Kills Wife in Naguru Barracks After Manchester United Defeat

Officer Kills Wife in Naguru Barracks After Manchester United Defeat

Naguru Police Barracks was the scene of a tragic incident on the night of September 29, 2024, when Police Constable Alex Adei, a member of the Counter-Terrorism Tactical Unit, allegedly shot and killed his wife, Barbra Apia.

Ultimate Uganda

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel

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More than half of employers on NSSF register are not active 

More than half of employers on NSSF register are not active 

Only 26.2 percent of employers registered with the National Social Security Fund are active, according to the NSSF managing director Patrick Ayota. The details above mean that the majority of companies and organisations on the Fund’s register, which stands at least 73.8 percent are

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Sudan's army launches push to retake ground in capital

Sudan's army launches push to retake ground in capital

Sudan's army launched artillery and airstrikes in Sudan's capital on Thursday in its biggest operation to regain ground there since early in its 17-month war with the Rapid Support Forces (RSF), witnesses and military sources said. The push by the army, which lost control of most of the

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What other players give savers eager to grow money

What other players give savers eager to grow money

If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab

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ROT IN BANKS! DFCU Bank on spot for forcing client to repay 13year mortgage loan in 2years, refuses to hand over his property titles

ROT IN BANKS! DFCU Bank on spot for forcing client to repay 13year mortgage loan in 2years, refuses to hand over his property titles

A client has accused DFCU Bank of forcing him to pay their initial 13 year mortgage loan in only two and a half years but only to hold onto his property titles.

Ultimate Uganda