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BoU closes EFC Uganda Limited

BoU closes EFC Uganda Limited

Bank of Uganda (BoU) has placed EFC Uganda Limited, a microfinance deposit-taking institution, under liquidation, revoked its license, and ordered for the winding up of its affairs in the country.According to Michael Atingi-Ego, the deputy Bank of Uganda governor, the decision to close EFC

Ultimate Uganda

Beating Depression in 2024

Beating Depression in 2024

As we step into the promising new year of 2024, many in Uganda are seeking ways to leave behind the shadows of depression that may have clouded their lives. With the challenges brought about by the previous year, the need for mental well-being is more crucial

Ultimate Uganda

Agriculture Minister Urges Strict Adherence to Animal Health Protocols

Agriculture Minister Urges Strict Adherence to Animal Health Protocols

Agriculture Minister Frank Tumwebaze called upon farmers and farm workers to conscientiously follow animal health and disease control protocols on their farms in a recent advisory and appeal shared on his social media account. Tumwebaze emphasized the critical importance of adhering to these guid

Ultimate Uganda

International Kite Festival in Uganda Contributes 275 Pints of Blood to Address Shortages

International Kite Festival in Uganda Contributes 275 Pints of Blood to Address Shortages

The International Kite Festival (Uttarayan) organized by the Shree Kutchi Leva Patel Samaj (SKLPS) community and the Shree Kutch Satsang Swaminarayan Temple (SKSS Temple) in Kampala has successfully collected 275 pints of blood. The festival, held on January 14, included a blood donation drive as

Ultimate Uganda

Foreign Affairs Ministry Seeks 6 Billion Shillings for NAM and G77+China Post Summit Activities

Foreign Affairs Ministry Seeks 6 Billion Shillings for NAM and G77+China Post Summit Activities

The House Committee on Foreign Affairs has recommended allocating Shs4 billion and Shs2 billion in the National Budget Framework Paper for the Ministry of Foreign Affairs, specifically catering to post-summit activities related to the Non-Aligned Movement (NAM) and G77+China for the next three ye

Ultimate Uganda