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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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Jose Mourinho: Roma sack manager who brought them European success

Jose Mourinho: Roma sack manager who brought them European success

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

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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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UMSC removes Sheikh Abdallah Ssemambo from Deputy Mufti position

UMSC removes Sheikh Abdallah Ssemambo from Deputy Mufti position

The Uganda Muslim Supreme Council (UMSC) has officially removed Sheikh Abdallah Ssemambo from his position as the Deputy Mufti of Uganda. On Thursday afternoon, Mufti Shaban Ramadhan Mubaje, the head of UMSC, convened a special joint session to address an impeachment petition against Shei

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