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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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Navigating January Finances: Overcoming financial challenges in Uganda

Navigating January Finances: Overcoming financial challenges in Uganda

The month of January often presents financial challenges for many individuals and families around the world, and Uganda is no exception. The aftermath of festive season spending combined with the anticipation of school fees, rent, and other obligations can le

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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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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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Uganda milk production up by 1 billion litres in 2022/23

Uganda milk production up by 1 billion litres in 2022/23

The dairy sector has witnessed a 37% growth in milk production, from 2.81 billion litres in FY 2020/21, to 3.85 billion litres in FY 2022/23. However, amidst this success, concerns have arisen over the threat posed to dairy farmers incomes due to the widespread use of fake drugs and ineff

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