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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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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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McLaren: Chief Andrea Stella wants to keep building momentum

McLaren: Chief Andrea Stella wants to keep building momentum

McLaren start 2024 confident they have continued the strong progress they made last year - but wary of the potential performance of Red Bull.Lando Norris scored more points than any other driver bar Max Verstappen last season after McLaren upgraded their car for July's Aus

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Uganda’s Lady Rugby Cranes Advance to Rugby Afrique Semifinals

Uganda’s Lady Rugby Cranes Advance to Rugby Afrique Semifinals

Uganda’s national women’s rugby sevens team, the Lady Rugby Cranes Sevens, celebrated a remarkable achievement as they qualified for the semifinals of the Rugby Afrique Women’s Sevens tournament. The team spent Saturday night at the Skanes Serail Hotel in Monastir in high spirits.The

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Anthony Joshua and Francis Ngannou to Clash in Saudi Arabia Showdown

Anthony Joshua and Francis Ngannou to Clash in Saudi Arabia Showdown

Former heavyweight world champion Anthony Joshua is slated to face ex-mixed martial arts (MMA) fighter Francis Ngannou in Saudi Arabia in a highly anticipated bout on March 8. Joshua, who recently secured an impressive fifth-round stoppage victory against Otto Wallin, aims to maintain his resurge

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Government Relocates National Livestock Institute to Apac

Government Relocates National Livestock Institute to Apac

The National Livestock Resources Research Institute (NaLIRRI), a government-owned farm under the National Agricultural Research Organisation (NARO) within the Ministry of Agriculture, Animal Industry, and Fisheries, has undergone a significant relocation. The institute’s headquarters, previousl

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Withdraw new EC appointments, Opposition MPs demand

Withdraw new EC appointments, Opposition MPs demand

Opposition legislators are upset over what they say is "an NRM cadre electoral commission" that was recently appointed by President Museveni, saying it cannot possibly be independent. President Yoweri Museveni last week appointed members of the new Electoral Commission, retaining Justice

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