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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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Acidic Vokoz reveals the dark side of heartbreak and love in the wake of TikToker Basher Williams’ tragic death

Acidic Vokoz reveals the dark side of heartbreak and love in the wake of TikToker Basher Williams’ tragic death

Acidic Vokoz, a rising Ugandan singer and vocalist, has revealed his experience of heartbreak and how he almost gave up on his music career after a bad breakup with his former lover.A few days ago renowned Ugandan TikToker Basher Williams reportedly took her own life following a tumultuous

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World Champion Jacob Kiplimo Ready for Valencia Road Race

World Champion Jacob Kiplimo Ready for Valencia Road Race

Jacob Kiplimo, the reigning world cross country champion and holder of the 21km world record, is geared up for the upcoming 10 km Valencia Road race in Spain scheduled for January 14th, 2024. The talented Ugandan athlete, also a double Commonwealth Gold medalist, is expected to face tough competi

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Uganda Rugby Union Suspends Lekuru Amidst Team Controversy

Uganda Rugby Union Suspends Lekuru Amidst Team Controversy

Emily Lekuru, a prominent player in the Uganda Lady Cranes, finds herself suspended by the Uganda Rugby Union (URU) in a case entangled with conflicting claims and accusations. The controversy began when Lekuru, initially named in the 12-player traveling team for the World Rugby Challenger Series

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WHO Reports Global Decline in Tobacco Use

WHO Reports Global Decline in Tobacco Use

The World Health Organization (WHO) revealed a consistent reduction in the number of adult tobacco users worldwide, signaling a positive trend. However, the WHO cautioned against complacency, highlighting the tobacco industry’s persistent efforts to reverse this decline.As of 2022, appro

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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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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

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Government Seeks 79 Billion Shillings for Merging Agencies

Government Seeks 79 Billion Shillings for Merging Agencies

The Committee on Public Service and Local Government, led by Hon. Martin Ojara Mapenduzi, has put forth a recommendation for the allocation of Shs79.3 billion in the Financial Year 2024/25 to facilitate the merging of government agencies. This proposal emanates from the Ministry of Public Service

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Uganda Blood Transfusion Services endorse I&M Bank as blood donation drive partners

Uganda Blood Transfusion Services endorse I&M Bank as blood donation drive partners

Health centers around the country continue to struggle due to lack of adequate blood transfusion services, this calls for volunteer donors to come in and fill the void. It’s a noble cause I&M Bank have accustomed themselves to, thanks to a reputable partnership with the Uganda Blood Transfusion

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I&M Bank partners with Shonale for the return of ‘Shorts Na Lessu’ Music Festival featuring Nigeria superstar Ric Hassani

I&M Bank partners with Shonale for the return of ‘Shorts Na Lessu’ Music Festival featuring Nigeria superstar Ric Hassani

Nigerian superstar singer and songwriter Ric Hassani is scheduled to headline the return of the popular Shorts Na Lessu Music Festival aka SHONALE, this Saturday at the Lugogo Hockey Grounds. After a two-year hiatus, the event returns bigger and better, with I&M Bank Uganda as the headlin

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