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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

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The role of protests in Uganda's political landscape

The role of protests in Uganda's political landscape

In the ever-evolving political landscape of Uganda, the question looms large: Are protests still viable tools for the opposition to effect change in leadership? As the nation grapples with political discontent and a desire for reform, examining the efficacy o

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Navigating January Finances: Overcoming financial challenges in Uganda

Navigating January Finances: Overcoming financial challenges in Uganda

In the ever-evolving political landscape of Uganda, the question looms large: Are protests still viable tools for the opposition to effect change in leadership? As the nation grapples with political discontent and a desire for reform, examining the efficacy o

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Masaka Hospital Newborn Theft: Two Suspects Apprehended

Masaka Hospital Newborn Theft: Two Suspects Apprehended

Police in Masaka City have arrested two women for allegedly stealing a newborn baby from Masaka Regional Referral Hospital. The mother of the baby, Ms. Charity Mbabazi, reported that two women unknown to her befriended her in the maternity ward on January 12, 2024. One of the suspects, Aisha Nalu

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NAM Summit Day Two: Uganda Takes Center Stage

NAM Summit Day Two: Uganda Takes Center Stage

Highlights from Day Two of the 19th Non-Aligned Movement Summit in KampalaThe 19th Non-Aligned Movement (NAM) Summit, hosted at the Speke Resort Convention Centre in Munyonyo, Kampala, Uganda, has entered its second day. The summit aims to foster collaboration among NAM me

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