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
A delegation of heads of state and their representatives were seen off at Entebbe International Airport following their participation in the Intergovernmental Authority on Development (IGAD) Heads of State and Government meeting and the ongoing Non-Aligned Movement (NAM) Summit.The IGAD su
In the realm of Ugandan politics and parliamentary affairs, a noteworthy revelation about the honourable Cecilia Ogwal emerged. The seasoned female representative from Dokolo had long been a pillar of strength within the legislative arena, but what many were
The President of Rwanda Paul Kagame has appointed his daughter Ange Kagame to take charge of policy and strategy in the office of the president.The appointment of Ange Kagame follows a cabinet resolution at
President Museveni is scheduled to engage in discussions with his Kenyan counterpart, William Ruto, focusing on bilateral trade matters in an upcoming Intergovernmental Authority on Development (Igad) meeting hosted by Uganda. The meeting is of particular significance as it coincides with straine
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
After 929 days that included European glory, red cards and effervescent quotes, Jose Mourinho's Roma spell has come to an end.In what was the 60-year-old's 10th full-time role as a manager, his time in the Italian capital saw him win the hearts of the Giallorossi.However a faltering
Farmers in Ibanda are experiencing a boon in their earnings as coffee prices reach unprecedented highs over the past few months. Robusta coffee, in particular, is currently trading at a record high of sh9,200 per kilogram in Ibanda town, with beans fetching sh8,900 a kilo in Kashangura, Kagongo d
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
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
