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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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Kalvin Phillips: Crystal Palace, Everton, Newcastle, West Ham and Juventus are all interested in Man City midfielder

Kalvin Phillips: Crystal Palace, Everton, Newcastle, West Ham and Juventus are all interested in Man City midfielder

Man City manager Pep Guardiola confirmed in December that Kalvin Phillips is available for transfer in the January window; Phillips has made just four Premier League appearances all season; Phillips is high on Newcastle's list, West Ham and Everton have financial issues with the deal Crys

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Everton and Nottingham Forest charged with breaching Premier League Profitability and Sustainability Rules

Everton and Nottingham Forest charged with breaching Premier League Profitability and Sustainability Rules

Premier League clubs are permitted to lose a maximum of £105m over a three-season period (£35m a season). Due to Forest spending two seasons in the Championship within the latest assessment period, the maximum loss they were permitted was £61m. The Premier League says both clubs have

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Govt will not establish a Constitutional Review Commission, Mao says

Govt will not establish a Constitutional Review Commission, Mao says

The Minister for Justice and Constitutional Affairs, Norbert Mao, has disclosed that the government will not establish the long-awaited Constitutional Review Commission. This decision comes after Parliament failed to allocate the necessary resources in time for its establishment. During a

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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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