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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

Ultimate Uganda

Masaka Hospital Newborn Theft: Two Suspects Apprehended

Masaka Hospital Newborn Theft: Two Suspects Apprehended

Police in Masaka City have arrested two women for allegedly stealing a newborn baby from Masaka Regional Referral Hospital. The mother of the baby, Ms. Charity Mbabazi, reported that two women unknown to her befriended her in the maternity ward on January 12, 2024. One of the suspects, Aisha Nalu

Ultimate Uganda